Ripple and Stellar Face Pressure as Technicals Weaken

Key Moments

Market Overview: XRP and XLM Under Bearish Pressure

Ripple (XRP) and Stellar (XLM) trade under clear downside pressure on Tuesday, with sellers limiting any recovery attempts. XRP changes hands near $1.25 as downside momentum persists, while XLM trades below $0.162, extending recent losses and increasing the risk of a more pronounced correction. Across both tokens, mixed derivatives signals, bearish on-chain readings, and softening technical indicators are constraining upside potential and maintaining a cautious tone.

Derivatives Positioning: Sentiment Remains Fragile

Futures and derivatives metrics highlight weakened conditions for both altcoins. According to CoinGlass data on Tuesday, the long-to-short ratio for XRP stands at 0.90 and at 0.98 for XLM. Ratios below 1 point to a bearish stance among derivatives traders, reflecting expectations for further price declines.

At the same time, funding rates for both XRP and XLM turned positive on October 30. As of Tuesday, XRP shows a funding rate of 0.0065%, while XLM records 0.0085%. These positive readings indicate that long positions are paying shorts, signaling that some traders are still willing to position for potential upside, even as overall sentiment remains cautious.

On-chain Metrics: Sell-Side Dominance for Both Tokens

CryptoQuant’s aggregated data paints a negative picture for both XRP and XLM. For XRP, spot and futures flows feature significant whale activity and a tilt toward selling, reflecting clear sell-side dominance. The spot market also exhibits heated conditions, which aligns with a more defensive and bearish bias among Ripple traders.

Stellar’s on-chain backdrop appears similarly pressured. Both spot and futures markets for XLM show sellers in control, underscoring a pessimistic near-term stance among market participants.

XRP Technical Picture: Trading Below Key Moving Averages

XRP trades at $1.251 on Tuesday, signaling a bearish short-term tone as price remains below several important Exponential Moving Averages. The 50-day EMA sits at $1.336, the 100-day EMA at $1.324, and the 200-day EMA at $1.365. Remaining beneath this cluster of EMAs keeps the broader technical bias under pressure.

XRP also stays capped by the upper trendline resistance near $1.285 and by a horizontal barrier at $1.3000. This confluence of overhead resistance reinforces the downside risk as long as price fails to reclaim these levels.

Momentum gauges are similarly subdued. The Relative Strength Index (RSI) hovers near 37, reflecting weak momentum without yet signaling classic oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) line holds slightly in negative territory, indicating that sellers continue to shape short-term trading dynamics.