XRP, XLM And ADA Fly Up In Sudden Break Away From Bear Trend
It is pretty rare that we see news like this, especially when the markets are moving in a very negative direction, but, for some reason, Ripple XRP, Stellar XLM and Cardano ADA have taken a sudden upswing, in a market that is otherwise within a very heavy down trend.
Whilst we canât see why this has happened just yet, we hope that some news will break out over the afternoon that could help us pinpoint the cause of this.
Or, perhaps this is an indication of a looming market surge, led not by Bitcoin, but by XRP, XLM and ADA respectively?
At the time of writing, XRP is valued at $0.452, up 3.30%. Just an hour ago, XRP was down almost 2% so this 5% change has happened rather suddenly. Perhaps this is the result of the news regarding Bill Clinton, or, perhaps something else more significant is going on behind closed doors. For now, weâll await further news on this.
At the time of writing, Stellar XLM is valued at $0.27, up 0.87%. Again, we canât see why Stellar has taken a sudden upswing, but we will continue to look out for news that could help us explain this over the afternoon.
Likewise, at the time of writing, Cardano ADA is valued at $0.14, up 0.04%. ADA is on a very slight incline, but it seems to be following the paths pof XRP and XLM, therefore this helps to suggest that something significant is happening, somewhere.
Just to give you some perspective, the rest of the markets are looking very negative, which is why these inclines are really standing out. At the time of writing, Bitcoin is down 5.03%, Ethereum is down 4.18%, Bitcoin Cash is down 3.59%, IOTA is down 3.05%, TRON is down 2.86%, Monero is down 4.79% and NEO is down 4.02%.
You get the ideaâ¦
Keep an eye on the markets this afternoon, we could very well see a surge take hold here. Likewise, keep your eyes on the headlines if you want to find out exactly what is happening.