XRP·XLM, Plummeting Together...Is Now the Time to Escape?

▲ XRP, Stellar (XLM)/AI generated image

XRP and Stellar Lumens (Stellar, XLM) are simultaneously under downward pressure, and the bearish trend is strengthening. In a structure where buying power cannot flow in, the possibility of further decline is highlighted.

According to the cryptocurrency specialized media FXStreet on April 30 (local time), XRP and XLM are experiencing increasingly strong downward price pressure due to the recent expansion of risk aversion sentiment across the market.

XRP continues its downward trend without recovering key resistance levels, and a sell-dominant structure is maintained in the short term. The price is trading below major moving averages, being blocked by resistance every time it attempts a rebound.

Bearish signals are particularly clear in technical indicators. The Relative Strength Index (RSI) is moving below the neutral line, revealing a lack of buying power, and the Moving Average Convergence Divergence (MACD) is also showing an expanding momentum in the bearish zone.

The market structure is also not positive. Despite increased on-chain activity and some institutional fund inflows, individual investor demand is weakening, limiting upward momentum, according to analysis.

XLM is showing a similar trend, indicating a simultaneous weakness. Trading continues near key support levels, but clear bullish reversal signals are not apparent. Overall, as selling pressure spreads across the altcoin market, both assets are unable to escape the downtrend.

The current trend is raised as a possibility of leading to a structural bearish trend rather than a simple correction. Market vigilance is growing that further declines could expand depending on whether key support levels are broken.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*