Overview

• XLM surged over 14% to $0.46 on August 8 after breaking out of a bullish flag pattern, with daily volume topping $1 billion
• Long-term holders withdrew more than $2 million in XLM from exchanges, signaling investor accumulation ahead of a potential 70% rally
• XLM is approaching its upper Bollinger Band at $0.48 and holds an RSI around 63, indicating continued bullish momentum before overbought levels
• XRP’s MVRV ratio has formed its third golden cross since November 2024, a technical signal that preceded past rallies of 630% and 54%
• Whales have scooped up about 50 million XRP in 48 hours after the SEC appeal withdrawal, but XRP must clear $3.46 and $3.65 to maintain its uptrend