XRP and Zcash Surge Amid Constructive Structures
Ripple's XRP price rose over 6% on Monday to $1.42, maintaining its position above key Exponential Moving Averages (EMAs) and keeping a constructive medium-term structure.
The Relative Strength Index (RSI) is hovering just below 60, indicating positive momentum that is not overstretched, while the Moving Average Convergence Divergence (MACD) remains marginally negative, suggesting that bullish pressure is moderating rather than accelerating.
Zcash also traded above $1,150 on Tuesday after a 9% surge the previous day. Despite easing upside pressure, its long-term uptrend is underscored by rising positive slopes of crucial EMAs.