Wednesday, October 28, 2026Daily EditionIndependent journalism
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Altcoins & DeFi

XRP and XLM test major support as bulls eye breakout levels

Image: CoinTurk News

XRP and Stellar Lumens (XLM), two of the longest-running altcoins in the cryptocurrency market, are confronting crucial technical levels this week amid a generally cautious sentiment in digital assets. Both tokens trade near support zones that could influence their next significant moves. XRP is currently trading around $1.33 and has recently retested the 50% Fibonacci retracement near $1.29. This level previously acted as support in both September and October 2026. The daily chart shows that XRP remains within a broad corrective phase, with bulls yet to establish a clear higher high. Traders are watching the $1.40 resistance closely. A break above this point could indicate a shift in momentum, giving buyers the potential to target higher Fibonacci extension zones for further gains.

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