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XRP and Stellar’s XLM remained under pressure Tuesday as traders faced weaker momentum, cautious derivatives positioning, and key resistance levels. At the same time, Stellar reached a record 217.4 transactions per second and supported USD 3.38 billion in tokenized assets. The milestone strengthened the network’s position in real-world asset tokenization as XRP and XLM struggled to sustain recent gains.
Stellar has become the third-largest blockchain for tokenized real-world assets, according to the information provided. Its assets under management now exceed those on Solana, Avalanche, and Aptos.
Still, market conditions remain uneven. A recent hack involving compromised D’CENT wallet keys caused more than USD 18 million in XRP losses and also affected assets on Stellar.
Stellar’s network growth comes as institutional activity around tokenized assets expands. Its USD 3.38 billion in tokenized assets places the blockchain among the largest networks supporting real-world assets.
Meanwhile, XLM trades near USD 0.224 after facing rejection around USD 0.234. The token remains above its major moving averages, with the 50-day, 100-day, and 200-day EMAs sitting between roughly USD 0.187 and USD 0.193.
However, derivatives traders remain cautious. CoinGlass data shows XLM’s long-to-short ratio at 0.76 on Tuesday, near its lowest level in more than one month. A ratio below one means short positions outweigh longs.
XLM’s funding rate remains positive at 0.0083% after turning positive on September 14. Positive funding means long traders pay short traders, showing continued demand for bullish exposure.
CryptoQuant data presents a more cautious picture. XLM spot markets show large whale orders, while futures markets show sell-side dominance and overheating conditions.
This leads to a key question for traders: Can stronger Stellar network activity offset weakening derivatives signals around XLM?
XRP trades near USD 1.469 after three consecutive losing sessions. The token has slipped below USD 1.480, yet its broader technical structure remains above important moving averages. The 50-day EMA sits at USD 1.365, while the 200-day EMA stands at USD 1.369. The 100-day EMA provides another support reference near USD 1.307.
Momentum has weakened during the pullback. XRP’s Relative Strength Index has slipped toward 53, placing it near neutral territory. Meanwhile, the MACD has flattened close to zero.
Derivatives positioning also remains mixed. CoinGlass shows XRP’s long-to-short ratio at 1.02 on Tuesday. A reading above one means long positions slightly exceed shorts. XRP’s funding rate also remains positive. It turned positive on September 24 and stood at 0.0020% on Tuesday.
However, CryptoQuant data shows overheating in XRP spot and futures markets. Futures activity also shows sell-side dominance, adding caution to the current setup.
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For XRP, the first major support zone sits near the 50-day and 200-day EMAs around USD 1.365 to USD 1.369. Below that area, attention shifts toward USD 1.307 and USD 1.300. A deeper decline could expose the psychological USD 1.000 level. On the upside, XRP faces resistance near USD 1.574. A break above that barrier could bring the USD 1.900 resistance area into focus.
XLM faces immediate resistance around USD 0.234. A break above that level would strengthen the current upward structure. Its first downside support comes from the moving-average cluster. The 200-day EMA stands near USD 0.190, while the 50-day EMA sits around USD 0.192.
The 100-day EMA follows near USD 0.187, with former trendline support around USD 0.182. Further weakness could expose horizontal support at USD 0.177 and then USD 0.142. XLM’s RSI remains near 62, while its MACD stays positive. These readings show continued buying activity despite the rejection near USD 0.234.
XRP and XLM remain above important long-term support levels, but derivatives data shows growing caution. Meanwhile, Stellar’s 217.4 TPS record and USD 3.38 billion in tokenized assets show continued network expansion as traders watch key resistance and support zones.
