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Cryptocurrency News Video
Breaking Coin | XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin
Jan 21, 2025 at 07:28 pm Breaking Coin News
XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin Click to Buy All Coins with 10% Commission Discount with Credit or Debit Card. Mexc https://bit.ly/40fDloQ , Bitget https://bit.ly/3EvMUo1, XRP may be on verge of $25 breakout, if this ultra rare golden cross against Bitcoin plays out accordingly, Click link : https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin to read the original text on U.Today ( News, Price Analysis, Trading Guide, Crypto ) _______ The price action of the popular cryptocurrency XRP against its leading opponent in the crypto market rankings, Bitcoin, has been a point of attraction for weeks, if not months. Since the beginning of November, XRP has gained nearly 270% against BTC, and according to technical analysis patterns, this may not be the end of the rally. Digging into the details, it becomes clear that on the weekly price chart of XRP against Bitcoin, there is nothing less than a golden cross, with a 23-day moving average approaching a crossover with a 200-day moving average from below. This means that the medium-term price action of XRP is on the rise compared to the long term, and when these two curves cross, a golden cross will be formed. The pattern is considered bullish and often precedes a bullish rally, although short-term deviations from this path are not excluded. Currently, XRP is trading at 0.00003 BTC, which is the highest since the spring of 2021. However, the all-time high for this pair is still 720% above the current level. It was set in May 2017, when one XRP was equal to 0.00024 BTC. Right now, such a valuation would mean more than $25 for the popular alternative cryptocurrency. Is $25 XRP a possibility? Whether this is possible in the current market reality remains an open question. In the last two months, XRP has skyrocketed from $0.50 to a new all-time high of $3.40, a 700% move, and gained a massive $180 billion market cap. If the token does indeed reach $25, its market cap will exceed $1 trillion. Of course, these valuations depend heavily on the monetary situation in the world, but at the moment such an outcome seems impossible. However, we are talking about the cryptocurrency market — where nothing is impossible. _______ XRP ripple news, ripple analysis, you can find breaking news, comments on cryptocurrencies on this channel, please subscribe to not miss the next XRP ripple news. XRP currency, XRP news, ripple news, ripple price, XRP ripple prediction, XRP ripple analysis _______ Disclaimer, The information provided on this video does not constitute investment advice, financial advice, trading advice, for informational purposes only, you should not treat any of the video's content as such. Please, consult your financial advisor before making any investment decisions. #breakingcryptonews
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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