Golden Cross

On May 22, a new golden cross was formed on the Bitcoin chart, reactivating a signal that, in the past, has preceded soaring increases. While BTC remains below $120,000, analysts are closely monitoring this technical crossover between the 50 and 200-day moving averages. Already observed before the rallies of 2017 and 2020, this signal rekindles speculation about a bullish extension of the cycle that has been underway since the beginning of 2024.

Dreams are crumbling. The trajectory of Ethereum, once hailed, is dangerously wobbling. Just as a surge towards $3,000 seemed within reach, the tide is turning. Technical indicators are darkening, support levels are giving way, and the specter of a plunge into the abyss looms. Yet, at the same time, contrary signals are lighting up. Ether is falling, but funds are pouring in. A paradox that intrigues as much as it confounds.

XRP is faltering against Bitcoin. A feared technical crossover, the "death cross", has just appeared on the XRP/BTC pair, rekindling investor concerns. This signal, associated with a marked bearish trend, contrasts with the strength displayed by Bitcoin. However, against the backdrop of this grim picture, some technical indicators on longer time frames suggest a possible reversal. Amid short-term tensions and hopes of a rebound, XRP is once again capturing the attention of a crypto market searching for benchmarks.

XRP is stirring after months of lethargy. A mini-golden cross is peeking out, but beware, the resistance at $2.30 could still trip up hopes.

In the volatile arena of cryptocurrencies, where every signal can sway the market, XRP is drawing the spotlight. While volumes are dwindling, its technical indicators show a bullish turn. The imminent formation of a golden cross could kick off a rally as early as July, providing a counterpoint to current trends. In a context of widespread caution, this setup is capturing the attention of traders seeking confirmation.

Under the spotlight of the Golden Cross, XRP is spinning. Bitcoin, beware: the tide seems to be turning!

Attention, traders! The golden cross is all well and good, but beware: this signal often shines brighter than it yields.