XRP Golden Cross, Institutional Buy Dem Aim for $3.50 Breakout
XRP don rebound pass im previous all-time high and don form one bullish Golden Cross as di 50-day moving average cross pass di 200-day MA, even though e small small pullback of 7% to $3.30 show. Di token dey consolidate just below one long-term diagonal resistance at $3.50—na di level wey cap di 2017–2018 bull run—and im key indicators like RSI at 68.7 and di positive MACD histogram confirm say di trend strong well well. Di bigger market support from Bitcoin wey dey hold above $117,000, better on-chain metrics, plus di launch of Ripple’s RLUSD stablecoin dey make dis technical setup strong. Institution adoption dey rise, as Nature’s Miracle Holding dey deploy $20 million XRP treasury program and Brazil’s VERT don issue BRL 700 million on di XRP Ledger. XRP market cap na $194.17 billion wit $9.24 billion 24-hour volume, and di social sentiment stay 83% positive. Im immediate support dey for $3.22, better support around $3.10–$3.20 and di 20-day EMA at $3.00, while resistance dey between $3.55 and $3.70, plus di psychological barrier at $4.00. If daily close pass $3.50, e fit trigger quick rally go Fibonacci extensions wey dey $7–$9. For di next 90 days, SEC settlement and ETF approvals fit push XRP go $4.50–$5.00 (50% chance), wit 35% chance say e go consolidate for 4–6 weeks between $3.10 and $3.60, or 15% chance say e go do deeper pullback go $2.80–$2.90. Traders fit see di Golden Cross and di institutional buys as better signals for accumulation before regulatory clarity show.
Bullish
Dis news dey bullish for XRP. For short term, di Golden Cross and how e dey hold body under di $3.50 resistance, plus strong RSI and MACD na sign say e get high chance to break go $3.55–$4.00. Di first support levels na $3.22, $3.10–$3.20, and di 20-day EMA at $3.00 dey reduce risk say e go fall. Institutional treasury programs plus big token issuance dem for XRP Ledger dey make demand and market steady. For long term, if e fit close above $3.50 every day, e fit start quick rally to $7–$9 Fibonacci extensions. Possible SEC settlement and ETF approvals for next 90 days fit push am go $4.50–$5.00 with 50% chance, while consolidation or small pullback still low chance. Overall, technical momentum plus institutional adoption mean say price fit still go up.