coindek - XRP Confirms Golden Cross: Analyzing 30% Gap to 200-Day Moving Average
The $XRPmarket is showing signs of a long-awaited reversal as, after prolonged pressure observed since the beginning of the year, a "golden cross" has formed on the daily timeframe - the short-term 23-day moving average has crossed above the medium-term 50-day moving average from below, as per TradingView.
The main point of interest now is not the fact of the crossover itself, but the distance to the heavy resistance - the long-term 200-day moving average that is currentl