The post XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin appeared on BitcoinEthereumNews.com. It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017. However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross.  The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025. XRP/BTC by TradingView If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period.  Scenarios Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51.  Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question. Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1The post XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin appeared on BitcoinEthereumNews.com. It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017. However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross.  The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025. XRP/BTC by TradingView If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period.  Scenarios Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51.  Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question. Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1

XRP on Verge of Ultra-Rare Golden Cross Versus Bitcoin

2025/10/03 02:25

It may all finally change for one of the most closely watched alternative trading pairs on the crypto market — XRP/BTC. For years, the XRP/BTC chart has tended to remain in a downtrend against Bitcoin. Even the latest 300% rally did not push XRP to even 30% of what was once its all-time high in this pair, at 0.000245 BTC per XRP back in May 2017.

However, the current picture is starting to look different. On both the weekly and monthly charts, XRP is entering an area where the 23-period moving average is about to cross above the 50-period moving average. This formation is known as a golden cross. 

The last time it appeared on the XRP/BTC chart, it coincided with a 112% increase from November 2024 to February 2025.

XRP/BTC by TradingView

If confirmed, the most probable short-to-medium-term target is a retest of 0.00004 BTC. This would represent a 60% increase from current levels and align with the resistance level from the late 2022 consolidation period. 

Scenarios

Breaking above 0.00005 BTC would open the door to the wider 0.00007-0.00008 BTC range, where there is heavy supply from the 2021-2022 cycle. For the XRP price, in dollar terms, this would mean a range of $4.76-$9.51. 

Add the fact that Oct. 18, which is two weeks away, is the deadline date for a spot XRP ETF, and it looks like the perfect combination. Whether this scenario will come to life, though, is an open question.

Source: https://u.today/xrp-on-verge-of-ultra-rare-golden-cross-versus-bitcoin-1

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Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

The post Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On? appeared on BitcoinEthereumNews.com. This morning, data from Whale Alert showed that 18,744,800 XRP, worth around $55.9 million, were transferred from an unidentified wallet to one of Ripple’s main accounts. The unknown source and direct route to the crypto company of course caught the attention of traders who monitor these flows for insights into how Ripple manages its XRP holdings. Those who closely follow these movements, such as “XRPwallets” account” say the process is familiar. Ripple brings tokens back into its main account before redistributing them into different channels, such as On-Demand Liquidity corridors, exchange-traded products, custodial structures and investment vehicles.  While this makes the transfer less mysterious, the lack of context around the timing leaves room for speculation in the market. Here’s how XRP price reacted As for the trading side, XRP is currently at around $2.99. Support is at $2.93, and resistance is at $3.05. The daily chart shows the price staying within this narrow range, but the hourly charts show quick drops toward $2.95 that are matched by quick rebounds.  For traders, it is pretty simple: if it breaks above $3.05, it could go toward $3.20, but if it weakens back below $2.90, it will probably test the lower range again. XRP/USD by TradingView It not not the most Ripple has done, but the context makes it a big deal. The market is taking more of an interest in how Ripple handles its reserves, on top of the growing interest from institutions and the new talks about possible privacy features in the XRP Ledger.  In that case, a $55 million transfer is less of a regular adjustment. Source: https://u.today/strange-55868599-xrp-transfer-lands-in-ripple-account-whats-going-on
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BitcoinEthereumNews2025/10/06 16:47
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