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the recent price hike as both tokens rallied to keep their prices consistent through the
sudden market pump. XRP, the third largest cryptocurrency, recorded a market
capitalization of $13.5 billion and was priced at $0.32. The decline rate over a 24-
hour period was around 0.32 percent, however, the fall of valuation over the past
seven days was a massive 8.73 percent.
Stellar’s XLM recorded a trading volume of around $234 million in the market and the
token was priced at $0.11. XLM followed XRP’s cue and suffered a higher decline
rate of 11.34 percent over the past seven days.
The Parabolic SAR markers hovered over the candlesticks in the chart, indicating
a bearish trend for the virtual asset.
The Chaikin Money Flow of CMF line was above the zero-line and pointed
towards the fact that the capital coming into the market was more than the capital
leaving the market.
The MACD line exhibited a bearish trend for the token as the red line remained over
the blue line.