The post XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin appeared on BitcoinEthereumNews.com. It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017. However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross.  The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025. XRP/BTC by TradingView If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period.  Scenarios Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51.  Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question. Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1The post XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin appeared on BitcoinEthereumNews.com. It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017. However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross.  The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025. XRP/BTC by TradingView If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period.  Scenarios Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51.  Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question. Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1

XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin

2025/10/03 02:25

It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017.

However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross. 

The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025.

XRP/BTC by TradingView

If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period. 

Scenarios

Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51. 

Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question.

Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42
Share