XRP and Stellar's XLM Show Signs of Trend Shift, Analyst Says
XRP and Stellar's XLM are showing early technical signs of a possible trend change, according to analyst Tyler Hill. In a recent video, he pointed out that buyers repeatedly defended key support levels during recent pullbacks in both assets.
The analysis focused on the price action over roughly three weeks following highs around August 21-22. The claim is significant because the broader market remains divided over whether crypto has already found a bottom or could face another steep decline into October or November.
Hill emphasized that XRP and XLM are behaving differently from prior bear-market retracements. Buyers have been 'absorbing' selling pressure, with both assets repeatedly reacting at major 'buy zones' and 'golden zones.'