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Biggest Gainers: XRP climbs to 3-week high, DOGE up nearly 10%

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XRP hit a three-week high on Friday, breaking a long-standing resistance level in the process. The coin reached its highest level since early November as the price rose for the fifth consecutive session. Dogecoin also hit a multi-week high today with an increase of almost 10%.

XRP, formerly known as Ripple, surged for a fifth session in a row on Friday, taking the coin to a three-week high.

After hitting a low of $0.3792 on Thursday, XRP/USD climbed as high as $0.4169 earlier today.

This move saw XRP climb to its highest point since November 8, when the coin traded at $0.4667.

XRP/USD – Daily chart

Looking at the charts, bullish momentum increased as the coin broke the ceiling at $0.4050.

In addition, the 14-day Relative Strength Index (RSI) has also risen and is now hovering slightly below resistance near the 50.00 level.

As a result, XRP has moved lower with price trading at $0.4039 at the time of writing.

Dogecoin (DOGE)

Dogecoin (DOGE) was another notable mover in today’s session as the token also climbed to multi-week highs.

DOGE/USD peaked at $0.09099 less than a day after the price traded at $0.08089.

This price increase has pushed meme coins to its strongest point since Nov. 14 and comes after breaking above the $0.0870 range.

Biggest Gainers: XRP climbs to 3-week high, DOGE up nearly 10%
DOGE/USD – Daily chart

Since then, the price has fallen from previous highs that, like XRP above, come after hitting a wall on the RSI indicator.

At the time of writing, the index is trading at 51.22, slightly below its high of 51.50.

Currently, Dogecoin is trading at $0.08749, about 8% higher than yesterday’s low.

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Do you expect Dogecoin to extend its recent gains over the weekend? Let us know your opinion in the comments.

image credit: shutterstock, pixabay, wikicommons

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source: news.bitcoin.com

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