Market Overview Crypto markets face increased selling pressure as major altcoins XRP and Stellar (XLM) break below key support zones, signaling potential further downside on higher timeframes.

XRP Support Under Threat XRP trades around $1.25 after sliding 16% over the past month.

  • Key Levels: $1.20 serves as immediate support. Breaking below this floor could trigger a drop toward $1.09, while a daily close above $1.39 is needed to regain bullish momentum.

XLM Lacks Recovery Volume Stellar (XLM) remains range-bound around $0.16 amidst weak buying volume and an RSI hovering below 40.

  • Outlook: Reclaiming $0.22 is required for a trend reversal; otherwise, lack of institutional demand leaves XLM vulnerable to wider market volatility.

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