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Crypto

XRP and XLM Under Pressure as Altcoin Sentiment Turns Bearish

Guavy AI Editorial Team
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XRP XLM
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Ripple's XRP and Stellar's XLM are under pressure as both assets lose over 2% and 3% respectively this week.

The crypto market data provider CryptoQuant shows a bearish tilt in on-chain data for both altcoins, with XRP's futures markets indicating overheating conditions and sell-side dominance.

XLM's spot and futures markets show large whale orders, but also exhibit sell-side dominance, suggesting a negative outlook among Stellar traders.

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