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XRP (SHIB) shows bullish momentum against Bitcoin with multiple golden cross formations. The cryptocurrency recorded gains across hourly charts and a rare monthly signal. Technical indicators suggest potential significant upside if current patterns hold. Market participants watch key resistance levels closely.
XRP's 50-period MA crossed above its 200-period MA on the three-hour chart.
This golden cross marks the first such occurrence in 2026 for that timeframe. Similar bullish crosses appeared on one-hour and two-hour charts too. The pattern suggests . gained steadily against Bitcoin since January 1. Notable jumps occurred on January 2 and 4. The rally broke above the daily 50 MA, unseen since early December. This breakout adds technical confirmation to the uptrend.
The monthly chart shows an ultra-rare golden cross formation.
The 23-month moving average crossed the 50-month MA for the first time since 2018. This long-term signal implies potential extended bullish momentum. The cross sits above . That positioning suggests a decisive breakout could be underway. Traders view these crosses as confirmation of shifting sentiment.XRP currently trades at $2.14, up 2.59% daily.
Weekly gains approach 15% as buying pressure builds. The immediate technical target is the $2.56 resistance level. This price point represents the daily 200 moving average. A decisive break above $2.56 could open the path to $3. That would mark a 40% rally from current levels.The monthly golden cross hints at substantially higher targets.
Analysts project potential 1,200% gains in the XRP/BTC ratio. That surge could push XRP to $24.20 if Bitcoin remains flat. The price would approach the 2018 ceiling near 0.00022865 . Such a move requires sustained relative strength against Bitcoin. The 0.00002391 level on XRP/BTC charts serves as the next hurdle. Institutional demand provides fundamental support for higher prices.Technical signals require ongoing validation to remain relevant.
Failure to hold above key resistance could trigger pullbacks. The XRP/BTC ratio might retreat toward 0.00002 if support breaks. That drop would invalidate the current bullish structure. Broader market conditions heavily influence altcoin performance.Institutional flows remain a critical positive catalyst currently.
U.S. spot XRP ETFs added $13.59 million in weekly inflows. XRP's market capitalization stands near $130 billion, ranking fourth. Sustained ETF demand could provide stability during volatility. Market participants should monitor Bitcoin's price action closely. Sharp BTC moves often impact altcoin ratios significantly. Confirmation of the golden cross requires consistent volume support.Blending traditional trading wisdom with cutting-edge cryptocurrency insights.

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