XRP-BTC Pair Hits First Golden Cross—Is a Monster Rally Brewing?

Technical traders are buzzing as the XRP-BTC chart prints its first golden cross—a classic bull signal that’s historically preceded explosive runs. The 50-day moving average just sliced above the 200-day, a move that’s sent lesser altcoins mooning on hype alone.

But here’s the kicker: XRP’s last major breakout saw gains north of 500% in 90 days. With BTC dominance wobbling and Ripple’s legal fog clearing, the stars might finally align for the oft-memed ‘banker coin.’

Of course, in crypto, even ‘sure things’ crash harder than Lehman Brothers—so maybe keep that leverage in check, yeah?

The ratio has been locked in a narrow sideways trend since late 2020, with regulatory uncertainty keeping XRP from cheering the crypto market bull run.

However, last month, the Securities and Exchange Commission (SEC) dropped its appeal against a favourable ruling for the XRP user Ripple, which established that XRP is not a security when sold to retail investors on public exchanges.

In other words, a significant obstacle has moved out of the way, clearing the path for a breakout, suggested by the golden cross.

The potential breakout could trigger a substantial rally, driving valuations to record highs. Markets tend to build energy during consolidations, which is then released in the direction of the eventual breakout. Thus, the longer the consolidation, the more pronounced and rapid the resulting price movement is likely to be.