Posts

Showing posts with the label ada

XRP, Cardano, Chainlink Price Analysis: March 21, 2023

Image
After consistently rising over the past few days and attaining new local highs, the market’s top cryptos, i.e. Bitcoin and Ethereum, were seen taking a breather on Tuesday, March 21. The effect of the same was reflected in the global crypto market cap, which was down 1.2% to $1.16 trillion at press time. Barring a few exceptions, most other cryptos followed Bitcoin and Ether’s suit and were trading at minor corrections within the 24-hour timeframe. Also Read: Has Bitcoin Finally Entered Into its Bull Phase? XRP On Tuesday, most of the 100 assets were borderline trading in the red. However, XRP was not one among them. At press time, the market’s sixth largest crypto was up by around 4.8% on the daily time frame. Like most assets, even XRP recently broke past its downtrend. Using the same bearish trendline as support, the asset recently went on the knock on the doors of $0.4. The asset’s buying momentum has not yet reached its saturation point, for the RSI continues to hov...