XRP Targets $3.12 as XLM Eyes $0.38 – Everything You Need to Know!
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XRP $ 3.06 (1.45%)
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XLM $ 0.4081 (1.70%)
XRP price jumps 3% as ETF approval odds hit 95% and whale buying shoots up
XLM price climbs 4% ahead of Stellar Protocol 23 upgrade scheduled on September 3
XRP eyes $3.12 resistance; XLM must close above $0.38 to confirm reversal
XRP and XLM, both tokens, have posted solid gains over the last 24 hours, supported by strong on-chain activity and macro catalysts. While XRP price is rallying on renewed ETF optimism and whale accumulation. Stellar price is finding support from its upcoming Protocol 23 mainnet upgrade and growing institutional adoption. With key resistance levels approaching, both tokens are now at a crossroads.
XRP Price Analysis
XRP price is changing hands at $2.80, with a 3.06% premium since yesterday. Successively, the market cap rose to $166.75 billion, with the daily business spiking 50% to $7.01 billion. Price action shows a breakout above the 200-day EMA at $2.47, and XRP is now testing the 38.2% Fibonacci retracement at $3.12.
It is worth noting that the momentum indicators are turning positive. The RSI has exited oversold territory at 47, and the MACD is flattening, signaling weakening bearish pressure. Historically, such EMA breakouts have come before strong rallies. June 2025 saw a 24% gain under a similar setup. A close above $3.12 could open the path to $3.56, provided daily volume holds above $7B to validate the breakout.
XLM Price Analysis
XLM is being traded on exchanges at $0.3623, with a 4.64% higher price than yesterday. Market cap has grown to $11.37 billion, with trading volume jumping 75% to $366.93 million. The token has reclaimed the $0.354 pivot point and is holding above the 50% Fibonacci retracement at $0.406.
The RSI at 51 suggests room for further upside, though the MACD remains negative, signaling caution. Bulls are defending the $0.34โ$0.35 support zone, but a decisive close above $0.38 is needed to confirm a trend reversal. A drop below $0.34 could trigger a retest of July lows near $0.28.
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FAQs
Yes, a sustained close above $3.12 with volume over $7B could target $3.56.
A daily close above $0.38 would confirm a bullish reversal. That being said, below $0.34 risks $0.28.
XRP gains from ETF approval momentum and whale buying, while XLM rallies on its Protocol 23 upgrade and institutional adoption news.
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