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XLM Surges 41%, Will XRP Follow in June? Analyst Points to Historic Correlation


XLM Surges 41%, Will XRP Follow in June? Analyst Points to Historic Correlation

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Stellar's XLM surged 41% in recent days, prompting analysts to ask whether XRP could replicate the move given a historic correlation. Analyst Kevin Cage highlighted the potential for an XRP breakout in June, which could boost token performance and trading activity on DEXs and CEXs but remains speculative risk for traders.

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The price of Stellar (XLM) has been on a tear in recent days, and analysts are watching to see whether XRP will follow suit. In a tweet, analyst Kevin Cage asked whether XRP could be preparing for a breakout similar to XLM's recent rally.

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Coins

$ 1.38

-6.53%

$ 0.180

-5.70%

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In This News

Coins

$ 1.38

-6.53%

$ 0.180

-5.70%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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