Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing.

XRP, formerly ripple, rose for a fourth consecutive session on Monday, as prices hit their highest point in five months. XRP/USD surged to an intraday high at $0.5029, less than 24 hours after falling to a low of $0.4573. As a result of the move, XRP hit its strongest point since November 6, breaking out of a ceiling at $0.4950 in the process.

During today’s red wave, monero (XMR) was a notable token to fall, as prices moved to a five-day low. Following a high of $163.98 to start the week, XMR/USD slipped to a bottom at $149.85 earlier in today’s session. The drop sees monero fall by as much as 7%, edging closer to a long-term support point at $146.00 in the process.

(by Eliman Dambell)