XRP Surges 7% – Golden Cross Hints at Bigger Rally Ahead
XRP has grown more than 7% in the past 24 hours, with a market cap of nearly $150 billion. The crypto community is now debating how its inclusion in the U.S. crypto strategic reserve will affect its long-term price action.
This could also play a key role in shaping market sentiment at the upcoming White House crypto summit on March 7. Whether XRP continues to rally or faces new resistance will depend on these developments and whether technical indicators confirm the ongoing upward trend.
XRP DMI shows buyers still under control
The DMI of XRP shows that its ADX is currently 18.49, down from 36.2 four days ago, indicating a significant decrease in intensity of its trend.
+Di (positive index) fell from 50 at 25.1, while -DI (negative index) rose from 9.3 to 14.4.
This shift shows that while sales pressures, bullish momentum has gradually increased, which makes it difficult XRP builds a strong upward trend.
The trend intensity on the average directional index (ADX) measurement scale ranges from 0 to 100 and reads above 25, marking a strong trend with a value below 20, indicating weak or no momentum.
XRP has an ADX of 18.49, indicating that its current attempt to form an uptrend lacks power. Descent + DI display Buyers may lose controlwhile rising -DI says sellers are gradually growing.
If this trend continues, XRP may struggle to maintain upward action, but if ADX receives again and +di rebounds, the bullish momentum may recover.
XRP Active Address has just reached a new history
XRP’s 7-day event address has soared to 1.16 million, marking their highest level ever.
This sharp increase comes after reaching 236,000 metric on February 27, indicating Internet activity has risen significantly over the past few days.
Tracking activity addresses is important because it reflects user engagement, transaction activity, and overall demand for cryptocurrencies.
The increasing number of active addresses often signals increase adoption and benefits, which can support price growth. Although the crypto community questions whether XRP should be included in US crypto strategic reservesthis surge in activity indicates network participation.
If this trend continues, it can help maintain XRP bullish momentumpotentially making the price higher.
Will the Golden Cross quickly make XRP surge?
XRP’s EMA line shows that the golden cross may soon form as the short-term moving average continues to rise. If this bullish signal is realized, XRP Price The resistor may be tested for $2.74, and the breakout may send the price to $2.99, or even $3.15.
However, this will depend on key developments, including About the next steps in the U.S. crypto strategic reserve and potential announcements at the White House crypto summit on March 7.
Tracy Jin, chief operating officer of MEXC, told Beincrypto:
“The approach to building strategic reserves is controversial and may require executive orders or congressional mandates that could undermine long-term policy stability. Although Trump’s initiative is expected to increase market confidence and attract institutional investment in the short term, uncertainty remains in policy effectiveness, congressional support and international market responses over the long term. Investors should closely monitor these developments and adapt their strategies accordingly.”
On the other hand, if you don’t Establishing upward trends and increasing sales pressureit could test support for $2.50, and a further decline could push it to $2.33.
A stronger drop could raise the price to $2.06 or even below $2, testing $1.95.
Disclaimer
and Trust Project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and impartial reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.
