Stellar (XLM) Soars 70% This Month — Could It Outpace XRP in the Next Bull Leg?

Stellar (XLM) is making waves with a remarkable 70% surge in just one month, reigniting speculation about its position in the next crypto bull run. With XRP also staging a strong comeback, the stage is set for a high-stakes rivalry between two of the most recognized altcoins. This article dives into recent price action, key resistance levels, and momentum indicators to evaluate which coin could emerge as the frontrunner in the coming market rally. Stellar's Skyward Journey: XLM Price Climb Continues Source: tradingview Stellar (XLM) is seeing an impressive price movement with a recent gain of over three-quarters in a week. Currently trading between about 32 to 55 cents, it shows strong growth potential. The nearest resistance level sits slightly above 63 cents, and should XLM overcome this, it could aim for around 87 cents. This means a possible climb of more than 55% from its current high. Support remains around 16 cents, but the positive momentum, indicated by a balanced RSI and MACD, suggests XLM is well-positioned for further growth if it maintains its pace above its short-term moving averages. Stellar's recent resurgence reflects its potential to reach new heights. XRP Eyes Potential Breakthrough as It Hovers Near Resistance Levels Source: tradingview XRP is currently trading between approximately $2.40 and $3.12, marking strong upward progress with a noticeable 36% rise over the past month. The cryptocurrency flirted with its nearest resistance at $3.41 but needs more momentum to break higher. A sustained move beyond this could target the second resistance at $4.14, promising a potential rally of around one-third from current levels. While movement has been strong recently, as evident from a 27% gain in just a week, the past six months show a minor setback. With indicators pointing towards overbought conditions, traders watch for either a breakout or a dip towards the sturdy support at nearly $2. Conclusion Both Stellar and XRP are showing impressive strength, with price charts hinting at potential breakouts in the near term. While XLM’s rapid acceleration may give it a short-term edge, XRP’s larger market presence and growing momentum make this competition far from over. As the market braces for its next move, investors will be watching closely to see which of these veteran cryptos takes the lead. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.