XRP Golden Cross Sparks $3 Rebound Speculation Amid Low Volume
XRP has formed a "mini golden cross" — a bullish moving-average crossover — renewing speculation that the token could reclaim $3 if buying volume returns. Over the past 30 days XRP has traded below the $2.50 resistance and briefly slipped under $2 after diminished activity. CoinMarketCap data show XRP at $1.91 (up 0.48% 24h) and daily volume down about 9.34% to $1.98 billion. Analysts say the golden cross historically precedes rallies for XRP and could push short-term resistance beyond $2.45 and toward $3 if volume increases. Some commentators point to a rare fractal resembling the 2018 setup that preceded XRP’s all-time high, even speculating on much larger moves (up to $17) in a best-case repeat — though such outcomes are highly speculative. Key risks: subdued trading volume, weekly RSI around 41.75 (below neutral), and seasonal February sell-offs historically seen in XRP. Traders should watch volume and RSI for confirmation before expecting a sustainable breakout.
Bullish
The article points to a classic bullish technical signal — a golden cross — which historically signals potential upside for XRP. The immediate bullish case depends on increased trading volume and confirmation from momentum indicators (weekly RSI rising above neutral). Short-term impact: conditional bullish — if volume picks up, expect attempts to break $2.45 and test $3, leading to increased long positions and higher volatility. Failure to attract volume would likely keep price range-bound or cause further downside. Long-term impact: the golden cross alone is not sufficient for sustained rallies; macro crypto market direction, regulatory news, and on-chain fundamentals will determine whether a true trend reversal occurs. Parallels: previous XRP golden crosses (including the 2018 fractal referenced) preceded strong rallies but required strong volume and broader market momentum. Therefore, traders should use the golden cross as a bullish signal only when confirmed by rising volume and improving RSI; absent confirmation, risk remains high and the signal can produce false breakouts.