On Friday, the price of XRP rose to a three-week high, breaking over a long-term resistance level in the process. The token increased to its highest level since early November as prices soared for a sixth straight session. Dogecoin also reached a multi-week high today, climbing by about 10%.
XRP
The cryptocurrency XRP, formerly known as ripple, rose for the fifth session on Friday, reaching a three-week high.
Following a low of $0.3792 on Thursday, XRP/USD rose to an intraday high of $0.4169 earlier today.
XRP rose to its highest level since November 8, when it was trading at $0.4667, thanks to the move.
The chart shows bullish momentum intensified once the token broke out of a ceiling at $0.4050.
The 14-day relative strength index (RSI) has also increased and is circling below resistance at the 50.00 level.
As a result, XRP has moved lower, with the 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 the bottom of $0.08089.
This surge in price has pushed the meme coin to its most vital point since November 14, following a breakout of its $0.0870 ceiling.
Similar to XRP above, prices have since fallen from previous highs after the RSI indicator collided with a wall.
The index is currently tracking at 51.22, just below a 51.50 ceiling.
Dogecoin is currently trading at $0.08749, roughly 8% higher than yesterday’s low.
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