The global crypto market did not flash high volatility over the last day. However, XRP and Basic Attention Token (BAT) have registered double-digit gains over the past three days. On the contrary, Dogecoin saw a decline of 7.9 % in the last 24 hours.
BAT noted a monstrous growth and showed signs of easing the bullish momentum, whereas XRP displayed mixed signals.
XRP
TradingView, XRP/USDT
For the past 21 days, Ripple’s XRP oscillated in a downtrend between two parallel lines by noting decreasing highs. As a result, the alt plummeted to its four-week low on 27 October at $0.9483. However, XRP bulls triggered an upwards run over the past three days as the price-action witnessed a nearly 13% gain (three-day).
Consequently, the price ascended above its immediate support at $1.0702 and ruptured its upper trendline. Also, the ascent accompanied slightly higher trading volumes, signaling a healthy trend.
At press time, XRP traded at $1.112 after noting a 2.07% gain over the past day. Near-term technicals suggested a preference for buyers.
The Relative Strength Index (RSI) surged by 17 points, visibly indicating a bull momentum. Additionally, bullish readings on the DMI gave buy signals in the near term. However, the ADX line displayed a weak directional trend.
Dogecoin (DOGE)
TradingView, DOGE/USD
Since 26 September, the DOGE price action moved within a rising wedge pattern. The digital currency noted over 19% monthly ROI.
Consequently, the alt touched its 11-week high on 28 October and bounced back from the upper trendline. However, DOGE saw a 7.9% decline in 24 hours as near-term technicals and visibly preferred the sellers. At press time, DOGE traded at $0.2662.
The RSI plummeted by 10 points and depicted a downtrend. Moreover, MACD and AO exhibited an inclination for the sellers in the near term.
