XRP Golden Cross Flashes, Analyst Foresees Big Breakout
2025-07-04 05:40:56
Main Idea
A Golden Cross has formed on XRP’s 2-day MACD chart, signaling a potential breakout similar to a previous rally in April, with analysts noting bullish momentum and market stabilization.
Key Points
1. A Golden Cross on XRP’s 2-day MACD chart has been confirmed, a signal that preceded a previous rally in April.
2. XRP is currently consolidating between $2.00 and $2.30, forming a stable base despite market volatility.
3. The broader crypto market has stabilized, with Bitcoin trading above $63,000 and Ethereum steady at $3,500.
4. Recent ecosystem developments, such as the launch of the XRPL EVM sidechain, are supporting market sentiment for XRP.
5. A decisive close above $2.30 could signal a potential breakout for XRP, according to analysts.
Description
XRP has flashed a strong bullish signal that’s drawing renewed attention across the crypto market. A Golden Cross has just formed on XRP’s 2-day MACD chart, a move that crypto analyst STEPH IS CRYPTO highlighted in a recent post on X. This technical formation historically suggests the start of upward momentum, and XRP’s current price action appears to be reflecting similar conditions to a prior breakout earlier this year. As of report time, XRP is trading at $2.20 . A Closer Look at the Golden C...
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