Key Moments
- XRP holds above the $1.000 psychological support, while XLM tests support near $0.173.
- Derivatives data shows a bullish bias for XRP, with a long-to-short ratio of 1.02, while XLM shows bearish positioning at 0.84.
- However, momentum indicators and moving averages limit upside for both tokens. XRP trades below key EMAs, while XLM remains under a major Fibonacci level.
Derivatives Show Diverging Signals for XRP and XLM
Ripple (XRP) and Stellar (XLM) are trading near key technical levels on Thursday. Price action and derivatives data show mixed signals across both altcoins. XRP remains above the $1.000 psychological level, while XLM tests support near $0.173. Therefore, traders are watching both technical levels and positioning data closely.
According to CoinGlass, XRP’s long-to-short ratio stands at 1.02 on Thursday. A reading above 1 suggests that more traders expect prices to rise. Meanwhile, XLM’s ratio has fallen to 0.84, near a one-month low. This shift shows growing bearish positioning and expectations for further downside.
Funding rates also highlight the difference between the two tokens. XRP’s funding rate turned positive on Tuesday and reached 0.0094% on Thursday. This means long traders are paying short traders, which reflects a bullish bias. In contrast, XLM’s funding rate turned negative on Wednesday and sits at -0.0024%. As a result, short positions are paying longs, showing weaker sentiment.
| Metric | XRP | XLM |
|---|---|---|
| Spot price (Thursday) | $1.076 | $0.172 |
| Key support in focus | $1.000 | $0.173 (78.6% Fib) / $0.142 |
| Long-to-short ratio | 1.02 | 0.84 |
| Funding rate | 0.0094% | -0.0024% |
XRP Technical View: $1.000 Support Holds as EMAs Limit Gains
XRP trades at $1.076 on Thursday and maintains a short-term bearish bias. The token remains below key moving averages, including the 50-day EMA at $1.129, the 100-day EMA at $1.215, and the 200-day EMA at $1.421. These levels continue to act as resistance and limit recovery attempts.
The Relative Strength Index (RSI) sits near 43, showing weak momentum without reaching oversold territory. Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly negative. This suggests that buying pressure is losing strength and upside attempts are slowing.
On the upside, XRP faces its first resistance at the 50-day EMA near $1.129. A break above this level could expose the 100-day EMA at $1.215 and resistance around $1.300. Beyond that, traders will watch the 200-day EMA at $1.421 and the wider $1.900 resistance zone.
However, downside risks remain focused on the $1.000 psychological support. A break below this level could trigger further losses. On the other hand, a successful defence may help XRP recover toward nearby EMA resistance levels.
XLM Technical View: Fibonacci Support Faces Selling Pressure
XLM trades at $0.172 on Thursday and also shows a bearish short-term setup. The token remains below the 50-day, 100-day, and 200-day EMAs. These averages sit between roughly $0.185 and $0.196, creating a strong resistance zone. Additionally, XLM trades below the 78.6% Fibonacci retracement at $0.173, showing continued pressure around this level.
The RSI stands near 38, while the MACD remains negative. Together, these indicators point to weak momentum and limited recovery potential. Sellers continue to control rallies, with buyers yet to show strong conviction.
On the upside, XLM must first reclaim the 78.6% Fibonacci level at $0.173. The next resistance sits near $0.177, followed by the EMA cluster between $0.185 and $0.196. A move above these areas would bring the 61.8% Fibonacci retracement at $0.200 into focus.
On the downside, support near $0.142 remains important. This level sits just above the cycle low at $0.139. Therefore, buyers may attempt to defend this zone if selling pressure increases.
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