According to CryptoPotato, crypto enthusiasts are looking forward to XRP's upcoming third golden cross in history. The golden cross is usually used when the short-term moving average exceeds or crosses the long-term moving average, indicating a shift from a bear market to a bull market. Well-known analyst Egrag Crypto said on Twitter that the XRP community should prepare for the upcoming golden cross. Egrag's analysis shows that whenever the 21-week EMA and the 100-week EMA form a golden cross, the price of XRP will rise sharply. Historical data shows that XRP has only had two golden crosses before, and the upcoming one will be the third. The first golden cross occurred in March 2017, when XRP was trading at only $0.00672, and the asset subsequently rose by more than 49,155% to a new high of $3.31. In 2020, XRP ushered in its second golden cross, and its price rose sharply by 653%, from $0.2675 in November 2020 to nearly $2 in April 2021. Egrag suggests that similar to previous events, a price surge could occur, with gains around half of 2017âs gains, or about 24,577%, taking XRP from its current $0.5208 to over $128.
