XRP and XLM Technical Breakouts Fuel Next Rally Hopes

Ripple (XRP) and Stellar (XLM) are showing renewed strength after significant price gains. Over the past week, XRP rallied over 53%, while XLM increased by 27%. Both altcoins are approaching key technical levels on Tuesday that could determine their next move.

However, mixed on-chain signals suggest traders remain cautious amid the recent price surge. CryptoQuant's summary data shows a mix of optimism and caution. XRP's futures markets show large whale orders but overheating conditions after the recent price surge, while other metrics remain neutral. XLM shows selling-side dominance in both markets and large whale orders, hinting at cautious sentiment among traders.

Despite this mixed outlook, institutional demand for XRP remains robust. SoSoValue data showed spot Exchange Traded Funds (ETFs) recorded a $13.82 million inflow on Monday, marking the fifth consecutive day of inflows since last week. If this trend continues and intensifies throughout the week, XRP could extend its rally.