Biggest Movers: XRP Nears 5-Month High to Start the Weekend
Xrp, the token formerly known as ripple, rose close to a five -month high on Saturday, despite the current red wave sweeping through markets. The token was trading marginally above a ceiling of $0.525, as bulls attempted to recapture recent highs. Cosmos was also higher, nearing a breakout of a key resistance point. XRP XRP surged towards a five -month high to start the weekend, despite crypto markets trading mostly lower on Saturday. Following a low of $0.4855 in yesterday’s session, XRP/USD rose to a high of $0.5279 less than 24-hours after the previous bottom. This surge saw the token marginally break out of a key resistance point of $0.525, climbing for a sixth straight day in the process. XRP/USD – Daily Chart Looking at the chart, since the day’ ;s previous peak, gains have somewhat eased, and as of writing prices are trading at $0.5184. The decline comes as earlier bulls opted to secure gains, and close their positions as opposed to holding on as X...