Tethereum

Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing.<h2 id="header-0"><a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a></h2><a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a>, formerly ripple, rose for a fourth consecutive session on Monday, as prices hit their highest point in five months.<a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a>/USD surged to an intraday high at $0.5029, less than 24 hours after falling to a low of $0.4573.As a result of the move, <a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a> hit its strongest point since November 6, breaking out of a ceiling at $0.4950 in the process. <img src="https://academy-public.coinmarketcap.com/optimized-uploads/b3cae3e1c3774462b4bc320d9859c93a.png" /><a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a>/USD – Daily ChartLooking at the chart, the 14-day relative strength index (RSI) moved to a one-week high, with a current reading of 68.87.This is marginally below resistance at 69.00, and close to a recent seven-month high at 74.00.Earlier gains in <a href="https://markets.bitcoin.com/crypto/XRP" rel="noopener noreferrer nofollow">XRP</a> have already begun to ease, with bulls seemingly securing gains around this ceiling.<h2 id="header-1">Monero (<a href="https://markets.bitcoin.com/crypto/XMR" rel="noopener noreferrer nofollow">XMR</a>)</h2>During today’s red wave, monero (<a href="https://markets.bitcoin.com/crypto/XMR" rel="noopener noreferrer nofollow">XMR</a>) was a notable token to fall, as prices moved to a five-day low.Following a high of $163.98 to start the week, <a href="https://markets.bitcoin.com/crypto/XMR" rel="noopener noreferrer nofollow">XMR</a>/USD slipped to a bottom at $149.85 earlier in today’s session.The drop sees monero fall by as much as 7%, edging closer to a long-term support point at $146.00 in the process. <img src="https://academy-public.coinmarketcap.com/optimized-uploads/7323748ef47044df9ad105097901da8b.png" /><a href="https://markets.bitcoin.com/crypto/XMR" rel="noopener noreferrer nofollow">XMR</a>/USD – Daily ChartWhilst price has yet to reach this floor, the RSI collided with a support point of its own at the 49.00 mark.Bulls have since pushed the index higher, with price strength now tracking at 50.08, which comes as <a href="https://markets.bitcoin.com/crypto/XMR" rel="noopener noreferrer nofollow">XMR</a> moved away from earlier lows.Currently, monero is tracking at $154.03, with a move towards a ceiling at $156.00 a strong possibility.TAGS IN THIS STORY<a href="https://news.bitcoin.com/tag/analysis/" rel="noopener noreferrer nofollow">Analysis</a>, <a href="https://news.bitcoin.com/tag/monero/" rel="noopener noreferrer nofollow">Monero</a>, <a href="https://news.bitcoin.com/tag/ripple/" rel="noopener noreferrer nofollow">Ripple</a>, <a href="https://news.bitcoin.com/tag/xmr/" rel="noopener noreferrer nofollow">xmr</a>, <a href="https://news.bitcoin.com/tag/xrp/" rel="noopener noreferrer nofollow">XRP</a>, <a href="https://coinmarketcap.com/currencies/tethereum/" rel="noopener noreferrer nofollow">TETHEREUM</a>Do you expect monero to move higher in upcoming days? Let us know your thoughts in the comments.

Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak

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TETHEREUM

Alte articole publicate pe 28 mar. 2023

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