XRP, the sixth largest cryptocurrency by market cap, may be on the verge of a significant price breakout, according to recent technical analysis
, the cryptocurrency associated with blockchain firm Ripple, could potentially achieve a new all-time high if it repeats a technical chart pattern known as a"golden cross," according to an analysis by cryptocurrency influencer, CoinsKid.
This kind of technical indicator often encourages investors to consider a buy position, as it may be a sign that the asset's value could experience a surge.Coincidentally, this potential golden cross isn't the only bullish sign for XRP. Ripple is currently engaged in a legal battle with the U.S. Securities and Exchange Commission .
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