XRP has printed a golden cross on its four-hour chart, with the 50-period moving average crossing above the 200-period moving average. The technical signal emerges as the token trades sideways near $1.10, up 1.22% in the last 24 hours to $1.11 but down nearly 5% over the past week. Traders are now watching whether this short-term bullish pattern can spark a breakout or fizzle amid historically low network activity.
Golden Cross Meets Quiet On-Chain Data
The golden cross on the four-hour timeframe is a short-term signal, coming as XRP remains range-bound without a clear fundamental catalyst. A close above the daily 50-day moving average at $1.16 would be the next hurdle, followed by the 200-day MA at $1.45. A move above $1.40 would provide stronger evidence of a broader breakout. Meanwhile, buyers have been defending the $1.00–$1.05 zone as support.
On-chain data from Santiment paints a contrasting picture. The XRP Ledger recorded just 25,350 active wallets on a recent day, its second-lowest of 2026, while new wallet creation dropped to 2,130, the lowest since November 2024. Network activity has gone unusually quiet as price stagnated below $1.10. After a brief dip-buying surge in late June, Santiment noted that traders appear to have paused, waiting for a real catalyst before re-entering.
What Traders Are Watching
With the golden cross providing a technical tailwind but on-chain metrics signaling apathy, XRP sits at a crossroads. A sustained move above $1.16 could attract momentum traders, while a breakdown below $1.00 might trigger further selling. The lack of a clear catalyst leaves the market in a waiting game, with the golden cross offering a potential entry signal for those betting on a near-term bounce.