The new week has started with the bouncing growth of the cryptocurrency market as all of the erop 10 Mënzen sinn an der grénger Zone.
XRP / USD
Den Taux vun XRP ass an de leschten 0.71 Stonnen ëm 24% eropgaang.
Despite the slight growth, the rate of XRP remains trading in a wide channel, between the support at $0.3736 and the resistance at $0.41832. Until buyers can fix above the $0.41 zone, there is a high possibility of seeing a drop to the $0.38-$0.37 area.
XRP handelt op $ 0.3922 an der Presszäit.
ADA / USD
Cardano (ADA) is more of a gainer than XRP, going up by 2.44%.
Cardano (ADA) is about to close the daily candle with a long wick, which is not good for bulls. In addition, the volume has fallen, confirming buyers’ weakness.
All in all, if the bar cannot fix above the $0.3250 mark, there is a chance to see the return to the bearish zone below $0.3228.
ADA handelt op $ 0.3245 zu Presszäit.
Source: https://u.today/ada-and-xrp-price-analysis-for-december-5