XRP moves away from recent price floor, as AVAX climbs to 1-week high on Wednesday.
, formerly ripple, was a notable gainer in today’s session, as prices continued to move away from a recent support point./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.Looking at the chart, it appears that this took place as the 14-day relative strength index bounced from a support of its own at 59.00 . At the time of writing, the index is tracking at 61.24, with the next visible ceiling at the 63.00 mark.now trading lower at $0.5137.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.Since then, earlier gains have somewhat fallen as a result of the RSI hitting a wall at the 56.00 level.Register your email here to get weekly price analysis updates sent to your inbox:
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