Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week – Market Updates Bitcoin News

Looking at the chart, the move comes as the token raced past its long-term ceiling of $0.5000, sending the 14-day relative strength index to a recent high.

As of writing, the index is currently tracking at 72.57, which is its strongest point since August 2021.has moved lower, as previous bulls appear to have liquidated their positions, securing gains in the process.begin to reverse course.Cronos was another notable gainer in today’s session, as the token rose past a key resistance level.

CRO/USD surged to a high of $0.1226 on Friday, which saw prices move beyond their recent ceiling of $0.1145. Today’s peak is the strongest point that cronos has hit in the past ten days, pushing CRO close to a ceiling of $0.1260.In addition to the breakout of the recent resistance level of $0.1145, there has also been a breakout of a ceiling of 50.50 on the RSI indicator.

As you can see from the chart, the 10-day moving average also looks to be closing in with its 25-day counterpart, which could lead to an upwards crossover.Register your email here to get weekly price analysis updates sent to your inbox:

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