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Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation

Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-week low to start the week.

XRP, formerly ripple, rose for a third consecutive session on Monday, as prices neared a five-month high. Following a low of 0.4438 on Sunday, XRP/USD raced to an intraday high of $0.4877 earlier in today’s session. As a result of the move, XRP moved closer to a recent high of $0.4940, which is the strongest point the token has hit since November 6.

Polygon (MATIC), moved lower to start the week, with the token falling towards a recent support point. MATIC/USD fell to a bottom at $1.08, which comes a day after prices were trading at a high of $1.12. Overall, polygon is now on the brink of colliding with the $1.05 floor, which was last hit on March 12.

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