XRP was up 13.6% while keeping track of its $ 1.22 resistance level. Dogecoin managed to stay afloat above the $ 0.26 support line after posting gains and eventually ADA’s move appeared optimistic amid updates to Alonzo’s launch date.
XRP rose a whopping 13.6% in the past 24 hours as prices hit a multi-month high of $ 1.16. The bulls finally crossed the resistance at $ 1.06 after retesting the level 24 hours ago. XRP could attempt to test the immediate resistance level of $ 1.22. The technical data has remained extremely optimistic for XRP.
The Relative Strength Index shot into overbought territory but a reversal is expected. Awesome Oscillator also signaled buying strength after showing green signal bars above the center line. MACD saw a bullish crossover followed by a resumption of bull momentum.
If XRP cannot hold at this current price level, the slump could push the asset to the $ 1.06 support.
Dogecoin is up 5.4% in the past 24 hours; It was $ 0.29. This price marks a two-month high for Dogecoin. The four hour chart showed bullish for the coin.
Relative Strength Index remained near the overvalued zone; Awesome Oscillator blinked green signal bars, a reading suggesting bullish trading.
The Bollinger Bands stayed parallel with little divergence, suggesting that Doge would trade within a price range.
If prices drop, support for Doge will be at $ 0.26.
The bulls continue to push ADA’s prices higher as the coin rose 9.1% in the past 24 hours. This price hike could be related to the announcement of Cardano’s smart contract launch date. Cardano is ready to launch the main launch of Alonzo HardFork on September 12th.
Looking at the technical data, ADA showed an upward trend in prices. The Relative Strength Index was above 70, in the overbought zone. Awesome Oscillator blinked green signal bars to indicate the same thing.
Chaikin Money Flow remained positive despite a decline in capital inflows. In the event of an ADA pullback, it could fall to the USD 1.88 support line.