XRP/Bitcoin Short-Term Golden Cross Just Emerges: Potential Targets

Share

XRP has formed a new short-term golden cross against Bitcoin, with its 50-period moving average crossing above its 200-period moving average on the three-hour chart. This technical signal could indicate improving momentum and a possible short-term trend change. Over 24 hours, XRP gained 2.19%, compared with 1.74% for Bitcoin. Around 13.24 million XRP were withdrawn from exchanges, while major whales bought nearly 60 million XRP in the past week, and the XRP Binance Scarcity Index reached its highest level since 2022. Analyst Ali is watching for a move toward $1.60, with a break above that resistance putting $2.10 in focus. Separately, t54 Labs announced a partnership with Altair to settle AI model-token invoices in RLUSD on the XRP Ledger.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items