XRP Could Break All-Time High With Imminent Golden Cross, Says Analyst

Altcoin XRP, issued by US-based Blockchain company Ripple, could potentially refresh its record by surpassing its all-time high if it achieves the price movement expected after the formation of the well-known technical chart formation, the Golden Cross, according to an analysis put forward by crypto analyst and trader CoinsKid. XRP Price Soared 720 Percent Last Seen The Last Time It Was Seen, XRP Price Had Increased by 720% The golden cross, which forms when the 10-month Exponential Moving Average (EMA) crosses above the 20-month EMA on XRP’s monthly time frame as indicated by CoinsKid, was last seen in 2020. This occurrence led to a rise in the leading altcoin’s price over 720%. Currently, XRP is trading at $0.48, and a similar rally could allow the altcoin to refresh its record by surpassing its previous peak of $3.84, recorded on January 4, 2018. The golden cross in technical analysis occurs when […] The post XRP Could Break All-Time High With Imminent Golden Cross, Says Analyst appeared first on COINTURK NEWS.