Monero jumped to a one-month high on Friday, as overall sentiment in crypto markets remained largely unchanged. The global market cap is now trading 0.60% higher at the time of writing. Xrp was back in the red in today’s session, as traders continued to secure recent gains.
Biggest Movers: XMR Rises to 1-Month High, XRP Moves 4% Lower
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Monero ( XMR)
Monero ( XMR) has been one of today’s biggest gainers, with prices climbing to a four-week high.
Following a low of $152.16 on Thursday, XMR/USD raced to a peak of $163.10 earlier in the day.
As a result of the move, XMR climbed to its strongest point since February 20, when the token reached a peak of $168.70.
Looking at the chart, the move came as monero rose beyond a key resistance level at the $155.00 mark.
Earlier momentum has somewhat eased, which comes as the 14-day relative strength index ( RSI) collided with a ceiling at 58.00
At the time of writing, the index is tracking at 58.84, with XMR marginally lower than its earlier high. It is now trading at $160.65.
XRP
XRP, formerly ripple, extended declines on Friday, as traders continued to secure profits following recent highs.
XRP/USD dropped to a bottom of $0.4246 in today’s session, which comes a day after a peak at $0.4536.
Today’s drop comes three days after XRP hit a peak at $0.4940, which was its strongest point since last November.
This latest decline comes as the RSI fell below a ceiling at the 64.00 mark, and is now tracking at 57.31.
Despite the slip in sentiment, bulls rejected a breakout from a floor of $0.4250, with XRP now trading at $0.4264.
There will likely be another attempt to push prices under this mark, however should this point of support hold, there could be a reversal during the weekend.
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