Cryptocurrencies

Ripple’s XRP rose by 0.38% on Monday. What about Ethereum?

Ripple’s XRP edged up by 0.38% to $0.20326 on Monday. After a mixed start of the day, the crypto tumbled down to an early morning low of $0.20115 before striking a high of $0.20372.

On the other hand, Ripple’s XRP traded in the red on Sunday, losing 2.22%. But the crypto soared for most of the last week, and it ended up by 5.20% to $0.20249. Despite last week’s gains, Ripple’s XRP lost 4.31% in May.

Ethereum gained on Monday as well. It gained 0.73% to $233.22. After a mixed start of the day, the crypto dropped to an early morning low of $230.59 before jumping to a high of $233.68.

On Sunday, Ethereum plunged by 5.05%. The crypto rose to an early morning intraday high of $245.46 before reversing course. Ethereum tumbled down to a final hour intraday low of $230.84 after falling short of the first major resistance level at $254.69. It also steered clear of the first major support level at $225.66 and ended the day at levels around $231.

However, Ethereum skyrocketed by 10.56% on Saturday and managed to end the week up by 15.98% to $231.54. Overall, Ethereum soared by 12.28% over the whole of May.

Related Post

What about EOS?

EOS gained 0.24%, to $2.6830 on Monday. The crypto plunged to an early morning low of $2.6650 before skyrocketing to a high of $2.6890.

On the other hand, EOS lost 3.52% on Sunday, plummeting down from an early morning intraday high of $2.7743 to an early morning low of $2.6804. The crypto steered clear of the major support levels, but it rebounded to $2.76 levels before pulling back.

Furthermore, EOS slid through the first major support level at $2.6544 to a late intraday low of $2.6479. However, it found support later and managed to break through the first major support level to end the day near $2.67.

Despite Sunday’s losses, EOS ended the week up by 7.59% to $2.6766. But, overall, the crypto lowered by 5.39% in May.

Recent Posts

Eurozone’s Stabilising Economy: 0.3% Growth in 2024

Key points: The Eurozone's GDP grew by 0.3% in Q1 2024, showing signs of stabilisation after 2023's slight contraction. April…

4 hours ago

Stock Futures: S&P Down 0.07%, Nasdaq Falls 0.29%

Key Points: S&P 500 and Nasdaq 100 Stock Futures Show Decline: S&P 500 down 0.07%, Nasdaq 100 drops 0.29%, signaling…

4 hours ago

Bitcoin Drops 5.75% to $59,966, Market at $1.18T

Key Points: Bitcoin price is currently $59,966, reflecting a 5.75% drop in 24 hours. Key resistance at $59,145 and support…

4 hours ago

Oil Futures: Brent at $85.58, WTI Falls to $80.48

Key Points: Brent and WTI oil futures fell by 0.9% and 1%, respectively. US crude stockpiles unexpectedly increased by 4.9…

7 hours ago

GBP/USD Dips to 1.2490: Analyzing Market Reactions

Key Points: GBP/USD fell below 1.2490, indicating significant market sentiment shifts and potential broader economic impact. Bank of England's dovish…

7 hours ago

NZD/USD Hits 0.5880 as Economic Indicators Weigh

Key Points: NZD/USD drop to 0.5880 is driven by worsening New Zealand job market data and mixed economic signals. RBNZ…

8 hours ago

This website uses cookies.