XRP Forms Golden Cross Against BTC, but Timing Says Not Now

$XRP just completed a golden cross on the Bitcoin chart, and bulls are questioning if now is the time given the present market conditions. The MA 50 on the 4-hour chart crossed above the MA 200, making a short-term golden cross.

The golden cross, deemed a bullish signal, coincided with a drop on $XRP/BTC's 4-hour chart, marking six red candlesticks in a row, taking bulls by surprise.

This, however, doesn't negate $XRP's short-term outperformance against Bitcoin. Since September 16, $XRP has steadily risen against Bitcoin, surpassing major moving averages (50 and 200) on both the 4-hour and the daily charts.

$XRP reached a high of $1.65 on September 25, a move that coincided with the first 2026 daily golden cross on its USD chart. The surge coincided with the strongest high-value activity in about a month, recording 1,917 whale transactions worth $100,000. Network growth also spiked to 3,647 new $XRP wallets. Bitwise filed an updated $XRP ETF registration with the SEC on September 18, with $XRP marking four straight days of gains around this timing.

Timing says no?

At the time of writing, $XRP was down 1.19% in the last 24 hours to $1.55 after reaching a high of $1.62 in Friday's session.