Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
XRP approaches the golden cross pattern, institutional demand reaches $1.29 billion
Source: Yellow Original Title: XRP Price Approaches Golden Cross Formation as Institutional Demand Reaches $1.29 Billion
Original Link: https://yellow.com/es/news/el-precio-de-xrp-se-aproxima-a-una-formación-de-cruce-dorado-mientras-la-demanda-institucional-alcanza-los-129-mil-millones-de-dólares XRP broke above $2 on January 6, gaining 10%, with technical indicators suggesting a potential golden cross pattern on the daily chart. The asset has surpassed all cryptocurrencies in the top 30 by market cap, and spot ETF holdings exceed $1.29 billion.
Formed Technical Pattern
The 50-day Exponential Moving Average (EMA) is approaching the 200-day EMA, creating conditions for a golden cross, which traders interpret as a bullish signal.
This technical development follows a death cross in early November 2025, when the 50-day EMA fell below the 200-day EMA, leading XRP to drop 30% to $1.75.
The reversal pattern indicates momentum has shifted, with short-term price action strengthening relative to the long-term trend.
Significance: Regulatory Clarity
Ripple ended its legal dispute with the U.S. Securities and Exchange Commission in 2025, accepting a $125 million fine, resolving years of uncertainty regarding the asset’s regulatory status.
The agreement allows institutional participation through spot ETFs and removes barriers faced by payment service providers.
A major auditing firm recognized Ripple as a provider of financial infrastructure, describing the company as a facilitator of fast payment networks.