XRP recently formed a golden cross on its short-term charts, signaling the potential for a price rally. However, the coin did not experience a significant increase in price and is currently trading in the red. This invalidates the potency of the golden cross and highlights the need to consider other factors, such as overall market sentiment and broader economic trends. Despite this, there are signs of major adoption as a whale withdrew 40 million XRP and transferred it to a private wallet.
- Content Editor ( u.today )
- 2024-09-27
XRP to $1? Key Insight From Golden Cross Invalidation