Ripple XRP, Cardano ADA, Stellar XLM Continue Surging

Crypto enthusiasts, listen up! Ripple ($XRP), Cardano ($ADA), and Stellar ($XLM) are on the rise, and things are looking exciting in the world of cryptocurrency. Let’s take a closer look at what’s been happening with these three digital assets on the monthly charts to see where they might be headed next in this bull market.

First up, let’s talk about $XRP. This cryptocurrency has seen a massive 178% jump this month, breaking through some key technical barriers. The recent surge in price could be linked to the departure of Gary Gensler, the SEC Chairman, which might mean less regulatory pressure for $XRP in the future. To keep the momentum going, $XRP bulls need to push past the $1.97 level to establish a new local higher high.

Moving on to $ADA, things are looking promising. The monthly chart for Cardano shows a strong upward trend, with the price breaking through key Fibonacci levels. The higher high has been achieved, and indicators like the Stochastic RSI and Relative Strength Index are signaling further potential upside. Keep an eye on those Fibonacci levels for potential price targets.

Finally, let’s talk about $XLM. Stellar Lumens has seen a whopping 600% rise in November alone, showcasing some impressive price action. While the price has pulled back slightly, there is still room for growth, with targets set at Fibonacci levels above the current price. Watch out for the overbought territory on the Relative Strength Index, as some sideways movement might be needed before breaking the all-time high.

Remember, this article is for informational purposes only and should not be taken as financial advice. Stay tuned for more updates on these exciting cryptocurrencies!