XRP/Bitcoin Short-Term Golden Cross Just Emerges: Potential Targets
Photo: U.Today
XRP just formed a new short-term golden cross versus Bitcoin, and the market is weighing whether the technical signal can underpin more upside. A golden cross is when a shorter-term moving average crosses above a longer-term moving average. In this case, the 50 MA crossing above the 200 MA. This signal appearing on the XRP/BTC 3-hour chart might suggest improving momentum and a possible short-term trend change. The development is especially important for XRP, since it could propel renewed strength against Bitcoin.
Source: U.Today
