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Ripple, Stellar, and GRAM Prices Under Pressure Amid Telegram Removal

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XLM
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Ripple's price action remains uncertain as it trades within a symmetrical triangle pattern. The token is currently above the rising support trend line around $1.0510, but below the downward resistance trend line at $1.1123 and the 50-day Exponential Moving Average (EMA) at $1.1194.

The 50-100-200 day EMAs for Stellar are clustered between $0.183 and $0.195, indicating a bearish near-term bias. The token is trading below the 78.6% Fibonacci retracement at $0.173 and the horizontal barrier at $0.177.

The removal of Telegram from the iOS App Store has led to a decline in the GRAM token, which fell by 3% on Tuesday. Technical analysis shows a falling wedge pattern forming on the daily chart, with an RSI reading of around 37 indicating bearish momentum.

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