XRP completed a golden cross on the Bitcoin chart, with the 50 moving average crossing above the 200 on the 4-hour timeframe. This bullish signal came as XRP/BTC saw six consecutive red candlesticks on the 4-hour chart, taking bulls by surprise. Since September 16, XRP has steadily outperformed Bitcoin, surpassing the 50 and 200 moving averages on both 4-hour and daily charts, reaching a high of $1.65 on September 25. Indicators show relatively little resistance until $1.60, where roughly 2.50 billion XRP previously changed hands, and an inverse head-and-shoulders pattern on the daily chart could trigger a 30% rally toward $2 if the neckline is decisively broken. The 365-day MVRV stands at -11.75%, indicating average traders remain in losses over the past year, while whales accumulated more than 470 million XRP, worth approximately $724 million, in just five days.
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