XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses.
XRP continued to trade close to a four-month high on Wednesday, as bullish sentiment remained strong within the token.
Efter en lav af $0.3774 tidligere på dagens session, XRP/USD løb til et højdepunkt på $0.4215 on hump day.
The move comes after the token broke out of its key price ceiling of $0.4000 på tirsdag, hitting its highest point since June 1 in the process.
Although prices have since declined, and as of writing are trading at $0.4044, many still believe that further rallies could come.
Some believe that bulls are targeting the $0.4500 point, which appears to be the longer-term resistance point in XRP.
Imidlertid, with the 14-day relative strength index (RSI) tracking at 62.45, prices may currently be overbought, leading to an influx of bears, opposed to bulls.
Indhold
Litecoin (LTC)
Litecoin (LTC) was also in the green in today’s session, and prices rebounded following recent losses.
Following a drop to a two-month low of $50.01 to start the week, LTC/USD rose to an intraday peak of $54.17 Floridas guvernør Ron DeSantis siger, at staten 'finder ud af måder' til at tillade virksomheder at betale skat i Bitcoin.
The drop led to the token falling below a key support point of $52.00, however bulls reentered the market, sending prices higher.
Historically, once above the aforementioned floor, bulls typically take prices towards a ceiling of $60.00.
In order for this to happen on this occasion, we will need to see LTC climb above another ceiling, this time within the RSI.
Som i skrivende stund, indekset følger kl 43.18, however it is fast approaching a resistance of 44.20, which would need to be overcome if litecoin were to move higher.
Registrer din e-mail her for at få ugentlige prisanalyseopdateringer sendt til din indbakke:
Do you expect litecoin to climb back above $60.00 denne uge? Fortæl os dine tanker i kommentarerne.
Billedkreditter: Shutterstock, Pixabay, Wiki Commons
Ansvarsfraskrivelse: Denne artikel er kun til informationsformål. Det er ikke et direkte tilbud eller opfordring til et tilbud om at købe eller sælge, eller en anbefaling eller godkendelse af produkter, tjenester, eller virksomheder. Bitcoin-Tidings.com giver ikke investeringer, skat, gyldige, eller regnskabsrådgivning. Hverken virksomheden eller forfatteren er ansvarlig, direkte eller indirekte, for enhver skade eller tab forårsaget eller påstået at være forårsaget af eller i forbindelse med brugen af eller tilliden til noget indhold, varer eller tjenesteydelser nævnt i denne artikel.
Læs ansvarsfraskrivelse