XRP completed a double golden cross on its Bitcoin charts, with the 50-day moving average crossing above the 200-day moving average on both the 2-hour and 3-hour timeframes. XRP surged nearly 27% in a single day on Saturday, climbing from $1.34 to $1.699, before retreating. At time of writing, XRP trades at $1.43, up 4.45% over 24 hours and 45% for the week. Multiple catalysts drove the rally: the U.S. Treasury’s intervention in the bond market, a massive short squeeze, and the joint push from the White House and crypto industry leaders to advance the Clarity Act. A decisive break above the $1.70 level would target $2 next.
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