Xrp rose for a second consecutive session on Wednesday, as the token continued to move away from a recent price floor. Since hitting an eleven-month high a week ago, the token has mostly consolidated. Avalanche was also in the green, as prices hit a one-week high.
XRP, formerly ripple, was a notable gainer in today’s session, as prices continued to move away from a recent support point. Following a low of $0.4972 on Tuesday, XRP/USD raced to an intraday high of $0.5256 earlier in today’s session. This came as bulls continued to move away from a floor at $0.49500, following a breakout earlier in the week.
Another notable gainer on Tuesday was avalanche (AVAX), which moved to a one-week high. AVAX/USD moved to a peak at $18.31 earlier in today’s session, after falling to a low of $17.29 the day prior. The surge saw avalanche climb to its strongest point since March 23, and came following a move beyond a ceiling at $18.00.
(by Eliman Dambell)
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