Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%.<\/p>\n
Two of the top ten largest cryptocurrencies have defied this trend \u2013 Ripple\u2019s XRP and Cardano\u2019s ADA. Both assets are up by double digits on a daily scale.<\/p>\n
CryptoPotato<\/em> reported<\/a> yesterday\u2019s price surge from XRP, which drove it from $0.7 to over $0.8 for the first time in almost a year and a half. The most probable reason seemed to be related to the current SEC chair, Gary Gensler, and the growing number of rumors that he will step down from his position soon.<\/p>\n Although such confirmation has not been published yet, XRP\u2019s price has continued to gain traction in the past day, unlike the rest of the market. The token spiked above $0.9 earlier today, marking a new 16-month peak.<\/p>\n Despite retracing slightly since then, Ripple\u2019s token is still 22% up on the day and 60% within the past week. Its market cap has skyrocketed to over $50 billion and has narrowed the gap to Dogecoin\u2019s $53 billion.<\/p>\n At the same time, Santiment reported<\/a> earlier that many Ripple whales have begun accumulating again, which has propelled their combined holdings to nearly 46 billion tokens. This is a six and a half year peak for this metric.<\/p>\n In terms of XRP\u2019s future price actions, CryptoBull told his 145k followers that the asset has broken out of a large symmetrical triangle and could skyrocket to as high as $23 by the end of January if history is to repeat.<\/p>\n #XRP<\/a> has broken out of a large symmetrical triangle, just like in 2017. Measuring the monthly closings in 2017, we could see XRP at $1.96 at the end of this month, at $4.80 the end of 2024 and $23 at the end of January 2025. pic.twitter.com\/8H05AJyLOf<\/a><\/p>\n \u2014 CryptoBull (@CryptoBull2020) November 15, 2024<\/a><\/p>\n\n Cardano\u2019s native token experienced a massive resurgance last weekend when IOG\u2019s founder, Charles Hoskinson, said<\/a> he will be a part of a designated group under Trump\u2019s administration that will work on a comprehensive cryptocurrency regulatory framework. In the following days, ADA lost some traction but went on the offensive earlier today.<\/p>\n ADA is up by 19% within the past day and trades above $0.66 after it touched $0.7 hours ago. That was its highest price tag since mid March this year.<\/p>\n Popular analyst Ali Martinez weighed in on ADA\u2019s future price performance, suggesting a surge toward $6 by July or September next year.<\/p>\n #Cardano<\/a> $ADA<\/a> will reach $6 by July \u2013 September 2025! pic.twitter.com\/ik3NrNizaN<\/a><\/p>\n \u2014 Ali (@ali_charts) November 15, 2024<\/a><\/p>\n\n The post Cardano (ADA), Ripple (XRP) Defy Market Sentiment With Double-Digit Price Surges: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%. Two of the top ten largest cryptocurrencies have defied this trend […]<\/p>\n","protected":false},"author":0,"featured_media":20836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20835"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20835"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20836"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ADA on the Move, too<\/h2>\n