XRP trends on social media and overtakes BNB as indicator lights green
The price of XRP — the fifth largest cryptocurrency by market capitalization — has printed a bullish “golden cross” pattern on its daily price chart, sparking a wave of social media buzz and optimism among crypto traders. XRP is currently trading at $0.6848 after seeing a 3.8% price decrease over the last 24 hours amid a broader market slump. However, the token is still up 14% over the last seven days. According to data from crypto analytics firm Santiment, XRP has topped the trending tokens chart with over 58% positive sentiment, 24% negative and the rest neutral. You might also like: Is Ripple’s XRP headed for a new peak? Current trends and predictions Golden cross pattern forms when a short-term moving average crosses above a longer-term moving average, signaling the potential for a sustained price uptrend. XRP’s 50-day moving average recently crossed above its 200-day moving average, marking a rare second golden cross this year after a similar pattern formed in...