XRP Price Explodes 30% in Sudden Altcoin Rally With Cardano and Stellar Among Biggest Gainers

dailyhodl.com 2020-11-21 21:30
Reading time: ~1 m

XRP, Cardano (ADA) and Stellar (XLM) are shaking up the crypto markets and leading a sudden altcoin rally.

In the last 24 hours, XRP has surged 30%. At time of writing, the digital asset is worth $0.39, according to CoinMarketCap.

The price of Cardano is up 14% at $0.12. Stellar is also up 14% and is currently valued at $0.09. 

Analyst Scott Melker believes Cardano has more room to run and appears to be en route to $0.15.

“10x leverage long (from newsletter today) presently up 74%. Just truly breaking out, looking for a retest of the ascending triangle to add more to the position. What a day.”

Source: Scott Melker/Twitter

The pseudonymous analyst Credible Crypto says XRP also has more room to the upside, but cautions this could change if Bitcoin (BTC) reverses course.

Yup 🙂 Just warming up.

— Credible Crypto (@CredibleCrypto) November 21, 2020

Bitcoin remains in the midst of a historic bull run and is up 2.68% in the last 24 hours at $18,669.


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