Logo
Cardano Ecosystem

Crypto Breaking

03/22/2023

·

356 views


Biggest Movers: XRP Surges to Strongest Point Since November | Crypto Breaking News

Xrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on...

Biggest Movers: XRP Surges to Strongest Point Since November | Crypto Breaking News

Xrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on Wednesday, hitting a one-month high.

XRP rose to its highest point since November, as markets continued to react to the latest news surrounding Ripple’s case with the SEC.

Following a low of $0.4199 on Tuesday, XRP/USD raced to an intraday high of $0.4914 earlier in today’s session.

This is the strongest point that the token has reached since November 6, when prices were retreating from a high above $0.50.

Overall, earlier gains have since eased, which comes as bulls failed to sustain a breakout on the 14-day relative strength index (RSI).

At the time of writing, the index is tracking at 65.14, which is below the aforementioned ceiling at 70.00.

The 10-day (red) moving average remains in an uptrend despite the marginal decline, which sees XRP currently trading at $0.4459.

Cardano (ADA)

Cardano (ADA) was once again higher in today’s session, as the token jumped to a one-month high.

ADA/USD moved to a peak of $0.387 on Wednesday, which comes a day after falling to a low at $0.349.

Today’s surge saw bulls push cardano to its highest level since February 23, when price was at a peak of $0.393.

Looking at the chart, it appears that the climb coincided with the 10-day (red) moving average crossing over its 25-day (blue) counterpart.

In addition to this, the 14-day RSI is now tracking at 60.93, which is its highest reading since mid-February.

A ceiling at 53.00 may await for bulls should momentum continue in this current direction, which could put a stop to the run.

Register your email here to get weekly price analysis updates sent to your inbox:

Could cardano begin to change direction in the upcoming days? Let us know your thoughts in the comments.

Source: Bitcoin.com

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on Crypto Breaking

ORIGINAL SOURCE

https://www.cryptobreaking.com/biggest-m...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Crypto Breaking

See more
Top 10 Price Predictions for Bitcoin, Ethereum, Ripple, Binance Coin, Solana, Dogecoin, Cardano, Sushiswap, Chainlink, and Avalanche on 4/25
Crypto Breaking
Top 10 Price Predictions for Bitcoin, Ethereum, Ripple, Binance Coin, Solana, Dogecoin, Cardano, Sushiswap, Chainlink, and Avalanche on 4/25

04/26/2025

·

58 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)