XRP Golden Cross Flip? One More Trigger Left

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So here we are, watching XRP do its little “comeback kid” routine. After falling below the $3 support line, dipping down to a pitiful $2.96, it has decided to do what all underdog assets do: start pulling itself back up. And guess what? The charts say it’s on track to form a golden cross, which sounds fancy, but really just means the 9-day and 21-day moving averages might decide to hold hands soon.

Rising XRP trading volume supports bullish outlook

Now, according to some data (we trust this data, really, we do), XRP is preparing to trigger a “golden flip,” with only one little factor left to check off the list. As of right now, XRP is trading at $3.01, which, if you squint hard enough, is a 1.73% increase in the last 24 hours. (I know, riveting stuff, right? But stay with me.)

The increase in price is largely due to a little uptick in trading volume. How little, you ask? Well, just 1.11%-but hey, that’s $6.49 billion, which, let’s be honest, isn’t bad for a day’s work. Traders are feeling good, which is always a great sign when you’re dealing with crypto. Or maybe they’re just feeling lucky-who knows?

If XRP manages to push its price between $3.30 and $3.50, we might just see a breakout into a bullish rally that could confirm the golden cross setup. Right now, though, XRP is doing a little hop from $2.95, where it had been hanging out in oversold conditions, just waiting to prove that it can rise again. Its Relative Strength Index is flirting with a solid 48.96. Sizzling!

In other news, Ripple recently transferred a casual $606 million in XRP, because why not? This has sparked a flurry of optimism in the market, as people love to see big moves, even if they don’t fully understand them. And hey, maybe this will be the thing that drives the recovery train.

SEC’s pending XRP ETF decision, possible game-changer

And just when you thought it couldn’t get any more exciting, the SEC, in all its infinite wisdom, has decided to push its decision on the XRP exchange-traded fund (ETF) to October. Yes, this decision, which was supposed to happen yesterday, is now slated for October 23. But don’t worry, this is apparently just standard procedure. Or so we’re told. Analysts are all pretty confident that the SEC will approve the ETF, mostly because Ripple and the SEC are finally playing nice after their little legal dust-up.

So, as XRP continues its recovery, investors will be watching that magic $3.43 level. If it breaks, they might just have something to celebrate. But if it doesn’t-well, let’s just say we could be seeing prices drop below $3 again. Such is the life of a cryptocurrency. Full of hope, despair, and the occasional $606 million transfer.

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2025-08-19 16:37