XRP Records Golden Cross, Is $2 Next?
Analysis
Price Impact
MedThe golden cross on the hourly chart is a bullish short-term indicator, but the lack of confirmation on the daily chart limits the immediate impact. the mention of $2 resistance and potential retest adds to the speculative nature.
Trustworthiness
MedThe analysis relies on technical indicators (golden cross) and market sentiment, but acknowledges the need for daily chart confirmation and the significance of the $2 resistance level. the mention of 'top market analysts' is vague.
Price Direction
BullishThe golden cross on the hourly chart and the positive shift in market sentiment suggest a bullish short-term outlook. the article explicitly states expectations for xrp to retest the $2 mark.
Time Effect
ShortThe golden cross is a shorter-term indicator. the potential retest of the $2 mark is discussed within the context of 'the next few weeks', indicating a short to medium-term timeframe.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP has recorded a new golden cross formation on the hourly chart as the broader altcoin market saw a shift in sentiment. This golden cross formation comes as the price of XRP flipped positive, further solidifying its push to achieve a new monthly high. Advertisement XRP records golden cross, Is $2 next? In market formations, a golden cross is usually formed when a short-term Moving Average (M.A) crosses above a longer-term average. In XRP’s case, the 9-day M.A has now flipped the 21-day MA on the hourly chart. XRP Price Chart | Source: TradingView/CoinMarketCap When this chart is expanded to the daily chart, the crossover has not yet been confirmed, a crucial setup to validate the current uptrend. Thus far this year, the best price level XRP has recorded is $2.40 in early January. Since dropping from this point, the $2 mark has formed a very strong resistance for the asset amid tariff and Middle East tensions. With the current shift in market dynamics, expectations are growing that the coin might have created new market bottom conditions in preparation for a breakout. As of writing time, the XRP price was changing hands for $1.386, up 1.9% in the past 24 hours. This short-term rebound is complemented by 2.59% growth over the past seven days. You Might Also Like Tue, 03/10/2026 - 13:19 743 Million XRP in 24 Hours: Will Market See Volatility Comeback? By Arman Shirinyan Can crypto market rebound be trusted? With validations from top market analysts regarding XRP ETF resilience, the question remains whether the perceived rally can be sustained. The broader crypto market is pushing to break free from its multiweek capitulation. Since the improvement in the Fear & Greed Index has redeemed from extreme fear, capital has been flowing into select altcoins. Most of these altcoins are relying on a Bitcoin price breakout. However, XRP has a unique value proposition within the Ripple ecosystem that has made it attractive to both retail and institutional investors. Should conditions prove right, XRP is likely to retest the $2 mark again in the next few weeks. #XRP