Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday

Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday


XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable mover, with prices climbing by as much as 17%.

XRP

XRP raced to a four-month high on Thursday, after hovering close to this milestone during yesterday’s session.

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XRP/USD rose to a high of $0.4461 on Thursday, as prices moved past a resistance point of $0.4200.

This surge in price sees XRP hit its highest point since May 12, when the token was trading above the $0.5200 point.

Today’s climb sees prices rise by over 10%, and comes as

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