XRP and Stellar's XLM Expected to Continue Rising Together

A crypto analyst has shared an analysis suggesting that XRP and Stellar's XLM will continue rising together, maintaining their historical price relationship.

The analysis suggests that XLM's recent strength occurred earlier than XRP's because of a sharp decline in the XLM-to-XRP ratio before the market movement. This imbalance created conditions for XLM to move first, according to the analyst.

Charts provided by the analyst show similar long-term structures for both assets on a monthly timeframe, including multi-year price structures and Fibonacci extension levels. The charts suggest that XRP has been in an ascending channel since 2014, with several breakout zones dating back to that year.