There is a rare technical signal on the XRP price’s one-hour chart right now, and it is sort of catching traders off guard. There is this local golden cross, where the short-term moving average has cut through the longer-term average from below. Usually, that is seen as a bullish setup. This comes at a time when XRP has been stuck in a tight range near $2.18, with no real momentum or conviction across the board.
This golden cross happened just as XRP’s hourly price was hanging around a key support band near $2.13, which is about where previous buyers had stepped in. The short-term moving average broke above the 200-day trendline.
If you look at the daily chart, you can see that XRP is still going through a bigger cooldown after a big spike to nearly $3 earlier this year. June’s bounce from sub-$1.90 levels offered some relief, but overall momentum has been fading.
The $2.37 resistance zone overhead has been stopping any real upside since April, while the $2-$2.10 area is like a magnet for liquidity, pulling the price back in whenever it strays too far.
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What makes this golden cross notable is not the signal itself, but the context around it. The market has been a bit all over the place, volumes are down and people are still really divided on XRP. But the appearance of a local bullish cross just above support — during an unusually quiet phase — could hint that something’s stirring under the surface.
The question now is whether the cross will lead to follow-through buying, or if it ends up being a fakeout like so many of the recent ones.
