$XLM Beats $XRP at Key 50-Week Barrier
The payments-focused altcoin market has seen a price divergence between Stellar (XLM) and XRP, historically linked by their shared technological roots and co-founder Jed McCaleb.
Fresh data from TradingView shows that XLM's price rise is being powered by net buying momentum, while XRP's advance is being held back by heavy technical resistance at the key 50-week moving average (50-week MA).
XLM broke above this level on volume and established itself around $0.2123-$0.2151, opening the way for its price to test the next local high at $0.2227.
$XRP's advance ran into a similar 50-week MA around $1.55-$1.5730, where sellers blocked further movement, leaving a long upper wick on XRP's chart and forcing the momentum indicator to flatten into a horizontal plateau.