Biggest Movers: SOL Slightly Higher, as XRP Collides With Key Resistance Level

2 years ago
  SOL Nears $20.00, arsenic  XRP Collides With Key Resistance Level

Solana moved towards the $20.00 people connected Friday, contempt reports confirming that Robinhood was acceptable to delist the token from its platform. In summation to solana, cardano and polygon were besides removed. XRP besides trended higher successful today’s session.

Solana (SOL)

Solana (SOL) moved adjacent to the $20.00 level connected Friday, contempt quality that Robinhood was removing the token from its platform.

According to reports, the removal volition hap connected June 27. This comes aft the U.S. Securities and Exchange Commission (SEC) determined that respective tokens connected Coinbase and Binance were securities.

Following a debased of $18.56 connected Thursday, SOL/USD moved to an intraday precocious of $19.30 during today’s session.

Today’s surge came arsenic the 14-day comparative spot scale (RSI) neared a absorption level of 43.00

At the clip of writing, the scale is tracking astatine 41.14, with SOL astatine the $19.08 level.

Despite earlier gains easing aft the reports, SOL remains supra yesterday’s low.

XRP

XRP, formerly ripple, managed to debar Robinhood’s deed list, surging by implicit 3% connected Friday arsenic a result.

XRP/USD jumped to a highest astatine $0.5324 earlier successful today’s session, which comes little than 24 hours aft the terms bottomed retired astatine $0.5184.

Friday’s surge successful terms led to the token concisely breaking retired of a cardinal absorption level of $0.5320.

This comes arsenic the RSI collided with a ceiling of its ain astatine 64.00, with bears truthful acold rejecting a breakout.

Currently, the scale is tracking marginally little astatine 63.50, with longer-term bulls targeting a higher ceiling astatine 70.00.

Should they scope this point, determination is simply a bully accidental that XRP volition commercialized adjacent to $0.5800, which was past deed successful March.

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Will Robinhood proceed to delist much tokens? Let america cognize your thoughts successful the comments.

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