This XRP competitor set to go parabolic

Stellar ( XLM ), a direct competitor to XRP in cross-border payments, may be on the verge of a major breakout after months of sideways movement, with technical signals pointing to a potential parabolic ￰0￱ to TradingShot’s analysis shared in a TradingView post on August 25, since the July 14 weekly high, Stellar has consolidated while remaining supported by its 50-week moving ￰1￱ price analysis chart.) is $0.41832, indicating the price is currently below this short-term trend line, which may suggest a bearish momentum in the near ￰2￱ 200-day SMA at $0.25501 shows a significant long-term upward trend, as the current price is well above this level.

Meanwhile, the 14-day Relative Strength Index ( RSI ) is 41.53, which is in the neutral zone (neither overbought nor oversold), suggesting there is room for movement in either direction without immediate extreme ￰3￱ image via Shutterstock