A powerful bullish signal just flashed on the XRP/BTC chart, and it could mean big things are coming for XRP.
What’s Happening?
The $XRP -to-$BTC ratio has just formed its first-ever golden cross on the weekly chart – a big deal in the world of technical analysis.
A golden cross happens when a shorter-term moving average (like the 50-week) crosses above a longer-term one (like the 200-week). It signals a positive shift in momentum, often seen before major price rallies.
Why It Matters
For years, $XRP has been stuck in a sideways trend against Bitcoin. But now, the golden cross is suggesting that XRP might finally break out – and start outperforming BTC.
This isn’t just about charts. There’s strong momentum building behind XRP:
The XRP/BTC ratio has been flat since late 2020.
One key reason? Regulatory uncertainty.
But recently, the SEC dropped its appeal in the case against Ripple, confirming that XRP isn’t a security when sold on exchanges.
That’s removed a major roadblock for XRP’s growth.
What’s Next?
Markets often build energy during long periods of consolidation – and when that energy is released, the move can be explosive. The longer the sideways trend, the stronger the breakout.
If this golden cross is confirmed with a breakout, we could see XRP surge to new highs against Bitcoin.
Final Thought
While nothing is guaranteed in crypto, this golden cross is a strong technical signal. Combine it with a major legal win, and XRP may be gearing up for its next big move.