Biggest Movers: XRP, ATOM Rebound From Recent Declines
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing. XRP XRP was one of today’s big gainers, as prices of the token rose by nearly 10% earlier in today’s session. Following a low of $0.4380 on Thursday, XRP/USD raced to an intraday peak of $0.5117 during the day. Yesterday’s drop saw the token slip to a ten-day low, which was marginally below a floor of $0.4460. XRP/USD – Daily Chart As of writing, XRP is now trading at its highest point since Monday, when prices were above a key resistance point of $0.5280. Looking at the chart, today’s surge comes as the 14-day relative strength index (RSI) rose beyond its own ceiling at 57.00. Currently, the index is tracking at 58.07, with bulls seemingly targeting a...