The hourly golden cross is a bullish short-term indicator, but it's occurring alongside sideways trading and resistance at key price levels, suggesting a potential short-term boost but not a guaranteed major breakout.
The hourly golden cross and increasing volume are bullish signals. additionally, bearish social sentiment often precedes a relief rally, suggesting a potential upward movement if resistance levels are broken.
The hourly golden cross is a short-term technical event. the article focuses on immediate price action and potential breakouts in the near future.
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 is nearing a golden cross on its hourly chart. The 50 MA has converged with the 200 MA on the hourly chart. The potential of a golden cross is seen with the hourly MA 50 turning upward and might rise above the MA 200 in the upcoming hourly sessions. Advertisement The broader price action is currently that of sideways trading, with XRP approaching a multiyear breakout decision zone. XRP is consolidating below the daily MA 50 at $1.37, with the price now seeking a decisive breakout above this key level. XRP/USD Hourly Chart, Image By: TradingView For most of April, at least for four consecutive occasions, XRP sought to break above the daily MA 50, but buyers could not advance the breakout, with the price stalling underneath it. HOT Stories XRP Still Missing Final Institutional Piece, Says Evernorth CEO; Dogecoin (DOGE) Faces Extreme Price Squeeze Ahead of 4/20; Do Not Chase Bitcoin Rally Above $77,700, Bollinger Bands Signal: Morning Crypto Report Krueger Predicts Imminent Bitcoin All-Time High You Might Also Like Sun, 04/12/2026 - 00:00 XRP Completes Short-Term Golden Cross: Breakout or Fakeout? By Tomiwabold Olajide Advertisement Beyond the daily MA 50 at $1.37, traders are watching the $1.42 to $1.45 range as a key breakout barrier, while a drop below $1.35 to $1.30 would put downside risk back in focus. XRP awaits crucial breakout At the time of writing, XRP was up 3.22% in the last 24 hours and up 4.91% weekly. XRP's daily trading volume is up over 62% to $2.89 billion, according to CoinMarketCap data . You Might Also Like Mon, 04/06/2026 - 10:05 Don't Chase XRP's Price Bounce, Bollinger Bands Signal After $200 Million Short Squeeze By Gamza Khanzadaev Advertisement The XRP price is rising alongside increased volume, while social sentiment has dropped to one of its most bearish levels in two years, a setup that has previously preceded strong rallies. Santiment observed through its weekly social data that XRP FUD is at its third highest point in the past two years. According to Santiment, this raises the probability of a relief rally as prices move in the opposite direction of the crowd's expectations. However, the broader derivatives market remains cautious. Glassnode pointed out that after the aggressive deleveraging event in early October 2025, which saw perpetual OI collapse from seven billion to two billion XRP (about 71% drop), XRP positioning has continued to compress. Since then, OI has further declined 25% to 1.5 billion XRP. This suggests that the market is yet to rebuild speculative exposure, indicating continuing caution among derivatives traders. #XRP News #XRP