XRP Completes Double Golden Cross Against BTC: $2 Next?

XRP has completed a double golden cross on its Bitcoin chart, signaling a strong positive momentum in recent trading. The crossover occurred on both the 3-hour and 2-hour timeframes, with the 50 moving average rising above the 200 MA.

This move comes after XRP's price rallied sharply over four consecutive days, reaching a six-month high against Bitcoin. While it did retreat somewhat, the momentum remains strong.

The recent rally has also pushed XRP above key resistance levels on its USD chart, including the daily MAs 50 and 200. Analysts are now eyeing a potential price target of $2 for XRP/USD, although this is still speculative at this point.