{"id":22407,"date":"2023-07-19T19:18:31","date_gmt":"2023-07-19T19:18:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/stellar-xlm-outshines-xrp-as-top-altcoins-eye-fresh-bounce\/"},"modified":"2023-07-19T19:18:31","modified_gmt":"2023-07-19T19:18:31","slug":"stellar-xlm-outshines-xrp-as-top-altcoins-eye-fresh-bounce","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/stellar-xlm-outshines-xrp-as-top-altcoins-eye-fresh-bounce\/","title":{"rendered":"Stellar (XLM) outshines XRP as top altcoins eye fresh bounce"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">XLM price rose by 26% to lead the top 100 cryptocurrencies and outshine XRP\u2019s 9% gains in the past 24 hours.<\/li>\n<li dir=\"ltr\">Stellar has had a series of positive developments, including its partnership with Bitso announced on Wednesday.<\/li>\n<li dir=\"ltr\">XLM could bounce to $0.20 if today\u2019s momentum continues.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/stellar-lumens\/\">Stellar (XLM)<\/a> is currently the top performing altcoin among the top 100 cryptocurrencies by market cap.<\/p>\n<p dir=\"ltr\">According to data from CoinGecko, XLM price has spiked more than 26% in the past 24 hours as of 2 pm ET on July 19. Stellar\u2019s native token was trading above $0.16, with a short term bullish outlook that suggests bulls could have a fresh go at the $0.20 supply wall.<\/p>\n<h2 dir=\"ltr\">Stellar\u2019s XLM outpaces XRP<\/h2>\n<p dir=\"ltr\">In recent days, its been <a href=\"https:\/\/coinjournal.net\/ripple\/\">Ripple\u2019s XRP<\/a> token that led the market in an upward push following its market-defining win against the US Securities and Exchange (SEC). Stellar rode that wave to hit highs of $0.19 last week. [<a href=\"https:\/\/coinjournal.net\/news\/xlm-price-soars-as-stellar-rides-ripples-xrp-wave\/\">Read more<\/a>].<\/p>\n<p dir=\"ltr\">But while XRP remains above prices it traded at prior to Judge Analisa Torres\u2019 ruling that XRP was not a security, its XLM that is outshining the rest of the top 100 coins today.<\/p>\n<p dir=\"ltr\">XRP is trading near $0.83 at the time of writing, roughly 9% up in the past 24 hours. Meanwhile, XLM has jumped from lows of $0.14 to an intraday peak above $0.16. On Tuesday, XLM\/USD rebounded off the demand zone near $0.12 to give bulls new impetus seen today.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 700px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/06\/19\/1689791700537-00be689c-48b3-4b69-9205-e6803e7e5ee7.png\" style=\"width: 700px\" class=\"fr-fic fr-dib\" width=\"700\" height=\"287\"\/><span class=\"fr-inner\">Stellar XLM price movement on the daily chart. Source: <a href=\"https:\/\/www.tradingview.com\/x\/7FJdh0jD\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">XLM\/USD is looking for a buffer at the resistance zone near $0.15. If the price holds above this level, it is possible buyers would go for the aforementioned primary target or higher. The bullish outlook is largely helped by the technical picture and the sentiment catalysed by Stellar\u2019s recent series of great news.<\/p>\n<\/div>\n<h2 dir=\"ltr\">Why is Stellar price up today?<\/h2>\n<p dir=\"ltr\">As CoinJournal <a href=\"https:\/\/coinjournal.net\/news\/stellar-and-bitso-partner-to-facilitate-international-usdc-payments\/\">highlighted<\/a> earlier today, Stellar has partnered with Latin American crypto firm Bitso to bolster international payments to Colombia, Argentina and Mexico using USDC. \u00a0This came after Stellar and crypto platform fonbnk1 teamed up to help millions of unbanked across Africa to tap into the blockchain benefits via their prepaid SIM cards.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">350 million people in Africa don&#8217;t have access to bank accounts, and only 20% of families have formal bank accounts.<a href=\"https:\/\/twitter.com\/fonbnk1?ref_src=twsrc%5Etfw\">@fonbnk1<\/a> provides a real-world solution to this problem by turning 8 billion active prepaid SIM cards globally into virtual debit cards with Stellar. (1\/3)<\/p>\n<p>\u2014 Stellar (@StellarOrg) <a href=\"https:\/\/twitter.com\/StellarOrg\/status\/1681396712756379648?ref_src=twsrc%5Etfw\">July 18, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Stellar also recently announced a partnership with Honeycoin App to enable users across Kenya, Uganda, Tanzania, Nigeria, Ghana and the UK to cash out using their USDC balances at any MoneyGram location in these countries.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/xlm-outperforms-xrp-as-top-altcoins-eye-fresh-bounce\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) XLM price rose by 26% to lead the top 100 cryptocurrencies and outshine XRP\u2019s 9% gains in the past 24 hours. Stellar has had a series of positive developments, including its partnership with Bitso announced on Wednesday. XLM could bounce to $0.20 if [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22407"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22407"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22407\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22408"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}