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XRP Trades Below Three Moving Averages as XLM Gains 1.73%

XRP’s relative strength index was near 24 and XLM’s was 33. Both tokens were below their 50-day, 100-day and 200-day exponential moving averages.

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Two metal medallions sit beneath three descending brass bars / TokenPost.ai
Two metal medallions sit beneath three descending brass bars / TokenPost.ai

XRP was near $1.055 after losing more than 5% over the week, while Stellar Lumens (XLM) was near $0.148 after a 1.73% gain the previous day.

XRP was below its 50-day, 100-day and 200-day exponential moving averages (EMAs), listed at $1.274, $1.293 and $1.354, respectively. XLM was also below those averages, at $0.173, $0.179 and $0.185.

The relative strength index (RSI), a momentum measure of the speed and magnitude of price changes, was near 24 for XRP and 33 for XLM. XRP’s weekly decline and XLM’s previous-day gain cover different periods, so they do not provide a like-for-like performance comparison.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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