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Short squeeze propels Stellar XLM higher as XRP remains range-bound despite 7x buy-side liquidity

Stellar’s XLM surged after a sweep of leveraged shorts, while XRP remains range-bound despite heavy buy-side liquidity on Coinbase [5][1].

May 30, 20269:27 AMNewsroom AI

Stellar’s native token XLM saw a sharp move this weekend, rising from about $0.14 to $0.22 after a rapid sweep of leveraged short positions and reporting intraday gains near 25% and weekly gains cited around 40% as traders tracked the breakout. Technical coverage described XLM’s move as a breakout following months of sideways trading and noted mirror-like chart structures with XRP, with XLM breaking out first in the observed pattern [1] [2] [3] [4].

Ripple’s XRP remained largely range-bound during the same period, though market data on Coinbase showed buy-side liquidity for XRP substantially heavier than sell-side liquidity — reported as roughly seven times greater buys than sells — according to exchange liquidity reporting cited in coverage. Analysts highlighted recurring price-structure similarities between XLM and XRP but also pointed to differences tied to recent institutional and regulatory announcements that could affect each asset differently [3] [4] [5].

Observers are monitoring whether XRP will follow XLM’s breakout; coverage stresses that, despite correlated structures, differing market conditions and announcement impacts mean each token warrants separate assessment [4] [5] [3].

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  1. 4
    XLM and XRP Show Mirror-like Structures, With XLM Breaking Out First
    Cryptonewsland - Your Daily Crypto NewsMay 30, 2026

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