It seems the market’s favorite drama is back on stage—global trade woes are turning risk assets into the punchline of a bad joke. Stellar (XLM) is now trading at a laughable $0.2153, down an awkward 8.55% in just one day. Who knew our crypto friend could take such a nosedive? 😂
Stellar on a Wild Ride and the Numbers You Pray For
This week, Stellar briefly flirted with a breakout, like a cat eyeing a saucer of cream. Unfortunately, reality hit harder than a bad punchline at a family reunion. The coin’s first serious bearish sign is now the talk of the town—and not in a good way.
With losses piling up over 8.55%, the numbers are as disappointing as my attempts at cooking. A seven-day decline of 19.7% and a 30-day drop beyond 20% have left it down a staggering 46% year-to-date. If Stellar’s performance were a party, it’d be the one where everyone leaves early. 😒
Under the current gloomy forecast, die-hard XLM bulls are hoping to stage a heroic stand at around $0.21. But if the coin decides to throw another tantrum below this level, it might just plunge to a 30-day low of $0.2018—because why not add insult to injury?
On a brighter note (as bright as it can be in crypto land), if Stellar manages to bounce off the magical $0.21, a more ambitious rally could be on the horizon, with resistance looming near $0.25. Cue the cautious optimism and sarcastic applause. 😏
XRP: The Glimmer of Hope in a Sea of Chaos
Meanwhile, XRP is stealing some of the limelight with better vibes. Thanks to a prediction from XRP holders’ lawyer John Deaton, there’s a buzz that XRP might usurp Ethereum by year’s end. It’s like watching a quirky underdog movie where the misfit wins against all odds.
Despite the glaring differences between the two coins, Deaton is convinced that XRP’s passionate community can rally the troops—provided they don’t get distracted by a trending Shiba Inu meme. Now that’s what I call a crypto plot twist! 😜
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2025-04-09 17:55