XLM price shows a consolidation after a technical indicator flashed a buy signal, suggesting an incoming explosive rally. A breach past a critical resistance level will confirm the start of an upswing.
Bitcoin price is facing stiff resistance ahead. Given the high number of underwatered investors, more selling can be expected at every upswing. Losing $40,586 as support could see BTC dive to $34,049. Bitcoin price struggles to recover as uncertainty mounts in the cryptocurrency market.
XRP price has failed to be a champion during the bounce off the May 19 and May 23 lows, generating only a 50% gain from the low. Over the last four days, the price action has been more reflective of a topping process, putting Ripple at risk of a pullback in the coming days.
