CandleFocus

XRP on Brink of All-Time High as Rare Golden Cross Nears

The price of popular cryptocurrency XRP is on track to reach an all-time high, currently trading at $1.47 per XRP. This is the highest level since the last bull market in cryptocurrencies in May 2021. XRP's previous all-time high was in early 2018, when it reached $3,317. Technical indicators suggest that this high may soon be surpassed, as XRP has risen 186.5% this month and broken through a key level of resistance. Additionally, a golden cross is forming on XRP's weekly chart, which is a rare and potentially powerful signal in technical analysis. Previous speculation points to a target price of $4.20 for XRP.

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