Crypto Rebound: XRP, MATIC Up on Tuesday, Following Recent Lows

• XRP and MATIC were two of Tuesday’s biggest gainers, as prices moved away from a long-term support point.
• Polygon (MATIC) rose higher in the session, after bulls rejected a breakout at a key price level.
• Sentiment was largely bearish across the global crypto market, with the total market cap down 0.34% at the time of writing.

XRP and MATIC Rebound on Tuesday

XRP and MATIC both experienced notable gains in Tuesday’s trading session, as prices continued to move away from their respective long-term support points. The global crypto market sentiment was largely bearish during this time, with the total market cap down 0.34% as of writing.

XRP Bounces From Long-Term Support Point

Following a low of $0.3648 to start the week, XRP/USD rose to an intraday high of $0.3751 earlier in the day – representing a bounce from its long-term price floor at $0.3650 following a recent four-day losing streak. This movement coincided with the 14-day relative strength index (RSI) breaking out from its own ceiling at 43.00 – currently tracking at 43.97 with next visible resistance point located at 45.00 should it be hit; potentially pushing XRP above $0.3800 mark if successful..

Polygon (MATIC) Moves Away From Recent Floor

Polygon (MATIC) also experienced positive gains during this session; moving to peak of $1.17 after reaching a bottom at $1