The article reports that an extremely rare golden cross is forming on the price chart of XRP against Bitcoin. XRP has demonstrated a 15% gain against BTC over the past week and is trading at 0.00002834 BTC, just 20% below its local highs. The article poses the question of whether this is just the beginning for XRP. There have been no previous occurrences of the 23-day median crossing the 200-day median, which is what defines a golden cross. The historical high for XRP against Bitcoin is 0.00024 BTC, which is unlikely to happen in the near future. The article suggests that if XRP reaches such a valuation again, its price would be around $23.27 and its market capitalization would be worth $1.35 trillion. The nearest strong level on the price chart is at 0.000043 BTC for XRP, which would result in a 53% increase from current levels. This could potentially lead to the XRP price reaching $4.17, assuming the Bitcoin price remains constant. The article notes the coincidence that last year's projections also indicated a $4.2 XRP possibility.
Content Editor ( u.today )
- 2025-02-16
Ultra Rare Golden Cross Puts XRP 15% Above Bitcoin (BTC)
