XRP, Cardano (ADA) and Stellar (XLM) are shaking the crypto markets and leading a sudden altcoin rally.
In the past 24 hours, XRP has increased 30%. At the time of writing, the digital asset is valued at $ 0.39, according to CoinMarketCap.
Cardano’s price is up 14% to $ 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 seems to be on its way to $ 0.15.
“The 10-fold leverage (since today’s newsletter) has currently increased by 74%. Just really break out and look for a retest of the ascending triangle to improve the position. What a day.”
The pseudonymous analyst Credible Crypto says XRP also has more upside, but Precautions That could change if Bitcoin (BTC) reverses course.
Yup 🙂 Just warm up.
– Credible crypto (@CredibleCrypto) November 21, 2020
Bitcoin is still in the middle of a historic bull run, up 2.68% to $ 18,669 in the past 24 hours.
Selected image: Shutterstock / Kunstofen