CDS Crypto News XRP Price on the Verge of Breakout as Mini-Golden Cross Forms
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XRP Price on the Verge of Breakout as Mini-Golden Cross Forms

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Xrp Price On The Verge Of Breakout As Mini-Golden Cross Forms

XRP Price Prediction: Golden Cross May Be the Bullish Catalyst Traders Need

XRP Price – XRP is approaching a significant technical milestone on its daily chart, signaling potential bullish momentum ahead. Currently trading around $2.29, the asset is hovering just above its 50-day and 100-day exponential moving averages (EMAs), setting the stage for a mini-golden cross—a bullish indicator that often precedes strong upward price movement.

A mini-golden cross occurs when the 50 EMA crosses above the 100 EMA, typically viewed as a precursor to a broader trend reversal. In XRP’s case, this crossover could mark the end of a multi-week consolidation phase and ignite a fresh rally. Over recent sessions, XRP has been trading within a tight range of $2.25 to $2.40, forming a symmetrical triangle pattern. Volume has steadily declined, hinting at compressed volatility and an impending breakout.

Resistance Ahead, But Momentum Builds

Despite the promising setup, XRP faces overhead resistance in the $2.40–$2.50 zone—a level where bulls have repeatedly struggled to gain traction. The Relative Strength Index (RSI) remains neutral at just above 50, indicating a lack of decisive momentum in either direction.

However, the 200 EMA lies well below current price levels, offering a strong support base if short-term pullbacks occur. Should the mini-golden cross materialize and attract breakout traders, XRP could surge to $2.60, with a potential extension to $2.80 if sentiment strengthens.

With technical signals aligning and market anticipation growing, XRP is once again on breakout watch. Traders will be closely monitoring the $2.40 resistance zone as a key trigger point for XRP’s next major move.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Xrp Price On The Verge Of Breakout As Mini-Golden Cross Forms
Written by
Ecem EFE

Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.

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