#XRPPredictions #CryptoNewsFlash
XRP is gaining renewed momentum in both technical charts and institutional markets. XRP formed its first golden cross against Bitcoin on the weekly timeframe, typically seen as a strong long-term bullish signal. Just as the chart pattern emerged, Volatility Shares announced that it will launch the first XRP futures ETF under the ticker XRPI on May 22, further solidifying XRP's growing appeal among professional investors.
The shift, which occurred when XRP's 50-week moving average crossed above its 200-week moving average, is widely interpreted by analysts as a powerful bullish signal and could herald a long-awaited breakout from a years-long consolidation phase.
This technical achievement comes amid strengthening fundamentals for the XRP Ledger and a wave of renewed interest from investors driven by regulatory clarity, increased network activity, and long-term accumulation trends.
Additionally, tokenization efforts on the XRPL, combined with Ripple's ongoing global partnerships in cross-border agreements and central bank digital currencies (CBDCs), are attracting long-term believers who see XRP as more than just a trading vehicle.