Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session.
XRP, formerly ripple, was once again a notable mover, as prices rose for a third straight session on Wednesday.
XRP/USD raced to an intraday high at $0.3952 earlier today, which comes less than 24 hours after trading at a low of $0.3729.
Following the rally, the token has now risen to its highest point since February 21, as it closes in on a ceiling at $0.40.
Mirando el gráfico, this comes as the relative strength index (RSI) of 14 days marginally broke out of a ceiling at 57.00.
Al momento de escribir, the index is tracking at 57.98, which is its strongest reading since the start of February.
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Shiba Inu (SHIB)
Shiba inu (SHIB) jumped back into the green on Wednesday, as prices reentered a key support point.
Following a low of $0.00001065 el martes, SHIB/USD surged to a peak at $0.00001132 más temprano en el día.
The move saw the meme coin move back above a price floor at $0.00001100, following a breakout to start the week.
General, it appears that this rise in price comes as the RSI moved away from a recent floor at 36.00.
Al momento de escribir, the index is tracking at 39.63, with a ceiling at 42.00 a possible target for bulls.
In order for this rally to turn from something brief into something more sustained, this ceiling will need to be broken.
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Could shiba inu extend gains through the remainder of the week? Háganos saber sus pensamientos en los comentarios.
Créditos de imagen: Shutterstock, pixabay, Wiki Commons
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