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The analyst highlighted that IOTA has been trading within a bullish Falling Wedge Formation on its weekly chart for a considerable period of time.
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IOTA
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+5.97%
841
0
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The blockchain intelligence firm Santiment shared in a tweet published earlier this morning that the Ripple (XRP) network experienced significant spikes in address activity recently
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This surge in address activity also resulted in XRP’s price rising and decoupling around 4% from the rest of the altcoin market, which printed losses during this time.
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According to the post, the network saw its second and third biggest address activity spikes of all time in the past 2 days.
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In addition to strengthening against the dollar in the past day, the meme coin was also able to outperform the two market leaders Bitcoin (BTC) and Ethereum (ETH).
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