XRP Completes Double Golden Cross: Can Buyers Take Control?
XRP created golden cross signals on two of its short-term charts even as price secures a much-watched breakout. A golden cross was completed on XRPs 2-hour chart when the MA 50 crossed above the MA 200 on the short-term timeframe. A similar formation was seen on the 4-hour chart, with the MA 50 rising above the MA 200 in a crossover on this timeframe. XRP/USD 4-Hour Chart, Image By TradingView XRP rose above the daily MA 50 for the first time since mid-May, surpassing a much-watched price level. According to Ali, a crypto analyst, $1.13 remains a key level to watch on XRP, as a decisive breakout above it could confirm the bullish breakout and open the door for further upside. XRP surpassed this resistance, putting the next major target at $1.30. Digital Currencies Is it time for a move? XRP climbed to a high of $1.16 on Tuesday in five straight days of gains from July 17. According to Santiment, XRPs rise to a two-week high coincides with whale accumulation. Santiment noted that XRPs move back above $1.16 on Tuesday might be justified based on recent wallet behavior. Whales and sharks holding 100,000 to 100 million XRP have added over 2.8% more coins to their bags over five