Xrp rose to a two-month high on March 21, despite crypto markets mostly consolidating in today’s session. The token surged by as much as 12% on Tuesday, whilst the global market cap is trading 0.51% higher as of writing. Cardano was also in the green today.
XRP, formerly ripple, was one of Tuesday’s biggest movers, as prices rose by as much as 12%. XRP/USD hit an intraday peak of $0.4283 earlier in today’s session, a day after trading at a low of $0.374. As a result of Tuesday’s move, xrp has now moved to its strongest point since January 23, breaking out of a key resistance level in the process.
In addition to XRP, cardano (ADA) also moved higher in Tuesday’s session, with prices trading by as much as 3% higher. Following a low of $0.3318 to start the week, ADA/USD raced to a high of $0.354 earlier today. The surge pushed the token close to its long-term ceiling at $0.357, which has mostly been in place since the start of March.
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