Cardano announced two consecutive Overall, crypto prices were slightly higher at the time of writing, with global market cap currently up 0.49%. Xrp, formerly known as Ripple, also rose and the price approached a key resistance level.
Cardano (ADA)
Cardano (ADA) in blue Friday, price hits his second straight rose. .
ADA/USD raced to a high of $0.2623 in today’s session less than a day after the token traded at $0.2482 .
The move pushed the token higher towards the $0.2685 resistance level and is currently trading at its highest level since Monday.
chart, Friday’s rise was 14 days relative strength index ( RSI) approached the 32.00 ceiling. The
index is currently tracking 30.18, the price has fallen from previous highs and is trading at $0.2586 at the time of writing.
For the bull to reach his $0.2685 cap, the RSI must first break the next cap at 32.00.
XRP(formerly Ripple) also rose on Friday. This is because we expect the token to extend the recent bull market and break through a key resistance point.
Following a low of $0.3424,XRP/USD raced to an intraday peak of $0.3531 early in today’s session.
Today’s high is the strongest point traded since Sunday when the token hit a high of $0.3555.
Despite this recent price increase,XRP‘s sentiment still looks bearish with the 10-day (red) moving average (MA) extending downwards crossing the 25-day (blue) moving average.
In addition to this, the 14-day RSI is currently tracking 39.65, which is nearing the 41.00 cap.
If the bulls fail to force a breakout of this level,XRP could drop again.
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