Although XRP price has dropped by 16.4% over the past 30 days and 1.9% in the recent 14 days, a golden cross formation on the daily chart suggests the possibility of a price increase. With growing interest from Asian institutional investors, there are predictions that XRP price will soon return to the $3 range.
2024 was a very positive year for XRP. It recorded an annual growth rate of 235.7%, with a particularly significant surge of 240.1% in the fourth quarter due to changes in the US political environment following Trump's election.
However, XRP experienced difficulties in 2025, declining by 29.3% in February and 2.52% in March. Nevertheless, it reached a high of $3.4028 with a 46% increase in January.
XRP Golden Cross: Imminent Breakthrough?
The golden cross appearing on the daily chart is attracting market attention. A golden cross occurs when the short-term moving average crosses above the long-term moving average, signaling a potential upward trend. While moving averages can sometimes send false signals, this pattern suggests the possibility of an XRP price increase.
Currently trading at $2.09, XRP is facing resistance at $2.60. If the golden cross proves valid, it could break through this resistance and potentially rise to the $3 level.
XRP is at a critical point. The $2.60 resistance line is a key point of focus. Breaking through this could enable a rise towards $3, which aligns with the upward forecast. The continued influence of the golden cross and support from institutional investors are expected to drive the upward momentum.
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