XRP’s “Mini-Golden Cross” and SOL’s “Golden Cross” Contrast with DOGE’s Weakness
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- The altcoin market is showing mixed signals, with major assets diverging.
- XRP and Solana are flashing bullish technical signals like a “golden cross.”
- In contrast, Dogecoin’s chart remains in a bearish posture below key averages.
The altcoin market is sending a complex and dissonant message to start the week, as several top digital assets are flashing crucial, but conflicting, technical signals. While XRP and Solana (SOL) are showing signs of bullish strength, Dogecoin (DOGE) is battling significant bearish pressure, leaving traders to question the timing of a full-blown “altcoin season.”
This market divergence highlights a growing trend where individual project strength is becoming more important than general market sentiment, requiring investors to be more selective.
XRP Flashes Bullish “Mini-Golden Cross”
XRP is displaying clear bullish signals after surging over 12% in the last four days. XRP’s rally followed a pullback that saw the cryptocurrency drop to $2.0593, retesting the crucial support region around $2. XRP bulls reclaimed dominance and pushed the cryptocurrency above a short-term trendline and the horizontal barrier around $2.2800.
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The post XRP’s “Mini-Golden Cross” and SOL’s “Golden Cross” Contrast with DOGE’s Weakness appeared first on Coin Edition.
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XRP’s “Mini-Golden Cross” and SOL’s “Golden Cross” Contrast with DOGE’s Weakness
Share:
- The altcoin market is showing mixed signals, with major assets diverging.
- XRP and Solana are flashing bullish technical signals like a “golden cross.”
- In contrast, Dogecoin’s chart remains in a bearish posture below key averages.
The altcoin market is sending a complex and dissonant message to start the week, as several top digital assets are flashing crucial, but conflicting, technical signals. While XRP and Solana (SOL) are showing signs of bullish strength, Dogecoin (DOGE) is battling significant bearish pressure, leaving traders to question the timing of a full-blown “altcoin season.”
This market divergence highlights a growing trend where individual project strength is becoming more important than general market sentiment, requiring investors to be more selective.
XRP Flashes Bullish “Mini-Golden Cross”
XRP is displaying clear bullish signals after surging over 12% in the last four days. XRP’s rally followed a pullback that saw the cryptocurrency drop to $2.0593, retesting the crucial support region around $2. XRP bulls reclaimed dominance and pushed the cryptocurrency above a short-term trendline and the horizontal barrier around $2.2800.
Add…
The post XRP’s “Mini-Golden Cross” and SOL’s “Golden Cross” Contrast with DOGE’s Weakness appeared first on Coin Edition.
Read More
Stocks Rebound on Renewed Rate Cut Hopes, Will Crypto Market Follow?