XRP’s Golden Cross is Finally a Reality- Way to a $1 trillion Cap?

The most anticipated change to XRP’s price chart is finally happening. Experts are calling it nothing less than amazing. With mammoths like Bitcoin on the trip to market, XRP is putting up an exceptional performance with a surge of 367% in the last 4 months.  

And now comes the much-awaited technical signal, the whole trading community was looking up to.  

The ultra-rare golden cross  

XRP’s golden cross against Bitcoin is finally visible, that too on a weekly time frame.  

XRP’s 23-day moving average fares above a longer moving average (for example a 200-day average).  

What does the cross suggest?  

Across like this could only suggest a peaky police movement. Certainly, a good day for investors. They can finally anticipate magical gains ahead. However, experts warn traders to not take the market to be as simple. Especially the crypto market, which is known for drastic and abrupt changes.  

XRP’s position now  

On the day of publication, XRP marks a value of 0.000026 BTC. The climb is a surprising 33.8% in a matter of one day only.  

The market was going through a chronic slump. But the latest shakeup and an unpredictable move by XRP against Bitcoin made the market alive again.  

Analysts are hopeful that XRP will soon return to its peak. And when that happens, the game-changing crypto would be priced over $24.7.  

Source: TradingView

Can XRP hit the $1 trillion mark? 

It may sound like a dream. Months back, traders were guessing if XRP’s price would keep falling in 2025.  

But now their perceptions have changed. An exceptional surge from $0.55 to $3.40 in the last 60 days makes them fantasize about this idea.  

The market cap has been inching towards $200 billion in a short span of 2 months. So traders might be wishful of XRP heating the $1 trillion mark, soon.  

The calculation behind the projection  

In terms of USD, market researchers project that XRP would be priced over $24.7. But for that to happen the market cap should surpass $1 trillion.  

If the former could turn through, the coinciding one should also be the reality. The fact is that it is highly challenging. But traders think that it’s not impossible if the current growth curve were to be trusted.  

Conditions for and against  

A lot depends on the external market conditions. The prime factor here is investor sentiment. The market is bullish which would certainly persuade investors to put in their money big time. However economic shifts could play a big game too.  

If unexpected economic downturns surface, it may marr investor sentiments. Not to forget the golden cross has already happened. But it’s not yet time to be on cloud 9.  

What should be the next move? 

Skeptical investors should watch the market closely for some time. If the market should turn bearish again, there would be a clear indication in the upcoming 15 days. So pay attention!!!