XRP Golden Cross Confirmed but Short-Term Momentum Stays Negative

1 hour ago 3 sources neutral

Key takeaways:

  • XRP's golden cross looks late; fading rebound volume and lower highs suggest limited near-term upside.
  • A daily close below $1.37 would pressure the cross and open XRP downside toward $1.30.
  • XRP bulls need to reclaim $1.60 and break $1.66-$1.70 to reverse the bearish lower-high pattern.

XRP has printed a widely followed golden cross on the daily chart, with the 50-day moving average pushing through the 200-day near the $1.37 level. However, the signal is arriving after a significant market composition shift and may be too late to confirm fresh upside.

XRP was in a clear downtrend from May to mid-August, falling from above $1.50 to around $1.00 beneath a declining 200-day average. A massive, volume-backed rally in August broke that trend, sending price through all major moving averages and turning the 200-day from resistance into support. By September, XRP retested the $1.28–$1.30 zone before climbing to a local high near $1.66.

Since then, the picture has weakened. XRP printed lower highs at $1.66, $1.63, and $1.58 after failing to hold above $1.60, and the price has dropped back to about $1.50. Rebound volume is fading compared with the August surge, while the RSI has cooled from overbought territory to roughly 58. Immediate support sits at the rising short-term average around $1.44, with the key convergence zone at $1.37. A close below that would pressure the golden cross and open a move toward $1.30. Bulls would need to reclaim $1.60 and then break resistance between $1.66 and $1.70 to regain upside momentum. The golden cross indicates a longer-term shift from bearish to bullish, but the short-term path of least resistance remains downward until XRP stops making lower highs.

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