Xrp plunged to a multi-week low in Friday’s session, as the token slipped for a third consecutive session. The move pushed prices to their lowest point since late March, with the global market cap trading 2.39% lower as of writing. Cardano also fell to a two-week low.
XRP
XRP, formerly ripple, was deep in the red on Friday, as prices fell for a third consecutive session.
Following a high of $0.4838 on Thursday, XRP/USD slipped to an intraday low of $0.4644 earlier today.
As a result of this drop, XRP fell to its lowest point since March 27, when the token was at a bottom at $0.4428.
Looking at the chart, this recent shift in momentum coincided with the 14-day relative strength index (RSI) breaking out of a floor at 57.00.
At the time of writing, the index is tracking at 42.24, which is close to a support point at 41.00.
Should price strength reach this point, then there is a good chance that XRP will hit a price floor at $0.4440.
Cardano (ADA)
Cardano (ADA) also fell to a multi-week
We współpracy z: https://news.bitcoin.com/biggest-movers-xrp-ada-drop-to-multi-week-lows-on-friday/
