XRP is currently trading around $1.40, down about 1.5% on the day, while remaining above its 200-day moving average at $1.35. Conditions for a Golden Cross are forming as the 20-day moving average has quickly risen to approximately $1.32 and intermediate averages between $1.19 and $1.24 are beginning to climb. Two bullish scenarios are outlined: a consolidation phase between $1.35 and $1.50 where moving averages catch up to the price, or a faster breakout above $1.50-$1.55 targeting $1.55 and then $1.70. The RSI stands at 59, leaving significant room for further upside. Maintaining above the 200-day moving average remains a key requirement for these bullish scenarios to materialize.
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