 ▲ Ripple (XRP) |
In a legal battle initiated by the U.S. Securities and Exchange Commission (SEC) over allegations of the securities nature of Ripple (XRP), Ripple's situation was observed to be favorable. The SEC lowered Ripple's fine from an initial $2 billion to $102.6 million. Some are expecting that the litigation situation favorable to Ripple may lead to an increase in the price of the Ripple token.
At the same time, Stellar Lumens (XLM), an overseas remittance project that claims to be Ripple's rival, is also attracting attention as it is likely to record an upward trend along with Ripple.
What do the public think about Ripple and Stellalumen? Let’s check it out with the big data analysis platform Some Trend.
 ▲ Source: Some Trend |
Ripple vs Stellalumen, what is the trend in mention volume?
During the month from June 2 to July 1, Ripple was mentioned 787 times and Stellarumen was mentioned 4 times.
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
Ripple vs Stellalumen, what are the images and key emotional words?
Ripple's image was confirmed to be positive, with 56% positive, 29% negative, and 15% neutral. Among the major emotional words, positive expressions include 'best', 'trust', 'fast', 'positive', 'pretty', 'enjoy', 'advocate', and 'okay'. Negative expressions include 'inevitable', 'buy', 'sell', and 'bad', while neutral expressions include 'possible', 'sweet', and 'soaring'.
Stellar Lumens' image was confirmed to be positive, with 100% positive, 0% negative, and 0% neutral. Among the major emotional words, the positive expression is 'expect'. There are no negative or neutral expressions.
Major issues related to Ripple and Stellalumen
Blockchain Media NewsBTC explained that Ripple is attempting to break through the $0.484 resistance zone.
Ripple's 4-hour trading price is higher than $0.474 and the 100-hour simple moving average (SMA). In addition, the bullish trend line formed at $0.476 as support was connected. When Ripple breaks the first resistance level of $0.484, the resistance level is expected to rise to $0.488.
If it succeeds in breaking through the $0.488 resistance line, it is expected to attempt to break through $0.5. If the price breaks through the $0.5 resistance line and succeeds in breaking through the next resistance line of $0.512, it is expected to push for a further upward trend toward $0.525.
However, if it fails to break through the $0.484 resistance line, $0.4765 is expected to become the initial support level. The next major support line will be formed at $0.474, which is the 61.8% Fibonacci retracement line from the low of $0.4695 to the high of $0.4839.
If the $0.474 support line also collapses, the support line is expected to fall further to $0.464.
The Stellar Foundation celebrated its 10th anniversary on July 1 (local time). The Stellar Foundation said that Stellar Lumens has led the way in solving the problem of cryptocurrency usability in the real world.
On June 28 (local time), the Stellar Foundation gave a speech at the SheFi Summit held in Brussels on the topic of its efforts to solve gender diversity issues in the blockchain industry.
Ripple·Stellalumen, what is today’s price?
As of 3:18 p.m. on July 2, Ripple's price according to CoinMarketCap is $0.4787, up 0.18% from the previous day, and Stellar Lumen's price is $0.09304, up 1.43%.
