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XRP breaks through $2, does the golden cross pattern suggest a promising future?
【Crypto World】 Recently, XRP’s performance has been quite interesting. It surged over 5.7% within 24 hours, re-establishing itself above the $2 mark, and even briefly spiked to $2.05. The trading volume also skyrocketed, nearly tripling, with the total trading volume reaching $4.19 billion.
Most importantly, technical indicators have shown several positive signals. The appearance of a golden cross directly challenged those who previously claimed a “dead cat bounce.” Such signals on charts often indicate strengthening upward momentum.
If this rally can be sustained, many analysts believe XRP still has room for further gains. The first target to watch is the $2.40 level—breaking through this would validate the rebound’s strength. If this resistance is also broken, the higher target of $3.40 won’t be just a dream. Of course, the market is always unpredictable, and whether this trend can truly continue depends on subsequent capital flows and market sentiment.