On Thursday, Xrp, formerly known as ripple, increased for a fifth straight session as the token approached a two-week high. The next observable ceiling for the relative strength index (RSI) is at the point of 61.00 after it passed through a crucial resistance level at 55.00. Cardano (ADA) also increased significantly today, reaching an 11-day high. ADA/USD increased from Wednesday’s low of $0.3658 to an intraday high of $0.3798 earlier today. Cardano has increased overall by as much as 7% over the last week, rising as the 10-day (red) moving average picks up speed. The RSI will need to break out of a ceiling at 47.00 for this to occur.
Biggest Movers: XRP Extends Bull Run, Jumping 5% on Thursday
