XRP’s Golden Cross Fails to Spark Rally as Altcoins Bleed
Technical bullish signals aren’t saving XRP from the broader altcoin slump. The so-called ’golden cross’—where the 50-day moving average crosses above the 200-day—usually screams upside. Not this time.
Market-wide pain trumps chart patterns. While XRP’s technical setup hints at momentum, the token’s barely clinging to support levels. Another case of ’this time it’s different’—until Wall Street’s algo-traders finish liquidating their crypto tourist portfolios.