Šios SEK prieš Ripple case continued to be a source of concern for XRP holders, and the coin lagged behind the leaders on Wednesday. However, it appears as XRP has finally found its footing as XRP showcased its first “golden cross” in 15 months.
A strong price signal for an asset occurs when its short-term moving average crosses above its long-term moving average. Golden crosses have the ability to predict significant price increases. The 50-day and 200-day moving averages of XRP crossed each other to create a bullish golden cross pattern.
The golden cross has previously appeared on XRP charts a few times. It last happened on July 17, 2021, and was followed by a 176% price increase. XRP kaina reached a high of $1.41 before reversing the direction.
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Whale Alert, a cryptocurrency whale tracker, reports that in just three transactions, Ripple (XRP) whales have moved more than 158.71 million tokens. According to the tweet, there are currently over 68 million XRP coins in motion, with the highest transaction valued at over $32.63 million.
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Source: https://coinpedia.org/ripple/bullish-sentiments-hovers-xrp-price-will-it-hit-1-by-end-of-2022/