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Biggest Movers: XRP Climbs to 3-Week High, DOGE Nearly 10% Higher

News Feed - 2022-11-26 01:11:45

Biggest Movers: XRP Climbs to 3-Week High, DOGE Nearly 10% Higher


Xrp rallied to a three-week high on Friday, breaking out of a long-term resistance level in the process. The token rose to its highest level since early November, as prices surged for a fifth straight session. Dogecoin also hit a multi-week high, rising by nearly 10% today. XRP


XRP, formerly known as ripple, rose for a fifth straight session on Friday, with the token rallying to a three-week high.


Following a low of $0.3792 on Thursday, XRP/USD rose to an intraday high of $0.4169 earlier today.


The move saw XRP climb to its highest point since November 8, when the token was trading at $0.4667. XRP/USD – Daily Chart


Looking at the chart, bullish momentum intensified once the token broke out of a ceiling at $0.4050.


In addition to this, the relative strength index (RSI) of 14-days has also surged, and is now hovering marginally below a resistance at the 50.00 level.


As a result, XRP has moved lower, with price trading at $0.4039 as of writing. Dogecoin (DOGE)


Dogecoin (DOGE) was another notable mover in today’s session, as the token also rallied to a multi-week high.


DOGE/USD rose to a peak of $0.09099, less than a day after prices were trading at a bottom of $0.08089.


This surge in price has pushed the meme coin to its strongest point since November 14, and comes following a breakout of its $0.0870 ceiling. DOGE/USD – Daily Chart


Prices have since slipped from earlier highs, which, like XRP above, comes after a collision with a wall on the RSI indicator.


As of writing, the index is tracking at 51.22, which is marginally below a ceiling of 51.50.


Currently, dogecoin is trading at $0.08749, which is roughly 8% higher than yesterday’s low.


Register your email here to get weekly price analysis updates sent to your inbox: Tags in this story Analysis, Doge, dogecoin, memecoin, Ripple, XRP


Do you expect dogecoin to extend recent gains throughout the weekend? Let us know your thoughts in the comments. Eliman Dambell


Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX. Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Black Friday MARKET UPDATES | 10 hours ago Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains MARKET UPDATES | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleEthereum Software Company Consensys Collects User Data, Privacy Policy Discloses Next articleBinance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40%

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