XRP has formed a new golden cross on the 4-hour chart, signaling short-term buying pressure and possible gains toward $3.38 and $3.66. ETF interest and a rise in XRPQ’s AUM support cautious bullish momentum, while daily SMA 50 near $3 is a key support level to monitor.
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XRP golden cross on 4H chart indicates short-term buying pressure
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ETF flows and XRPQ AUM rising above CAD 150M are key bullish triggers
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Watch $3.00 (daily SMA 50), $3.38 and $3.66 as near-term support and resistance
XRP golden cross signals short-term upside toward $3.38–$3.66; learn ETF drivers, AUM data, and risk levels to watch now. Read Coinotag’s market update.
What is the XRP golden cross and what does it mean?
The XRP golden cross is a technical pattern where a short-term moving average crosses above a longer-term moving average. On XRP’s four-hour chart this crossover suggests renewed short-term buying pressure and potential upside toward the $3.38 and $3.66 targets if momentum holds.
How did short-term technicals and ETF flows combine to lift XRP this week?
Short-term technicals turned positive after XRP formed a double bottom near $2.69 and then produced a four-hour golden cross. This technical shift coincided with ETF optimism: issuer 3iQ reported XRPQ AUM surpassing CAD 150 million, and expectations around new fund launches including a potential Rex Osprey product added demand-side support.
XRP/USD 4-Hour Chart, Courtesy: TradingView
XRP has created a new golden cross on the four-hour chart following a mid-August death cross and a low at $2.69 on Sept. 1. After confirming a double bottom near that low, price moved up to $3.187 before pulling back to $3.08 at the time of reporting.
Market context matters: the broader crypto market saw gains this week as investors priced the possibility of a Federal Reserve rate cut at the upcoming meeting scheduled for the 16th–17th of the month. That macro backdrop, combined with ETF-related demand, contributed to XRP’s weekly gain of roughly 8.9%.
When should traders expect continuation or a pullback?
If XRP sustains the current momentum, short-term resistance levels to test are $3.38 and $3.66, with a psychological $4.00 level further out. Alternatively, a failure to hold gains could see a brief consolidation or pullback; the daily SMA 50 near $3 is the primary support bulls want to flip into a reliable floor.
What are the ETF and AUM developments to note?
3iQ’s XRP ETF, XRPQ, surpassed CAD 150 million in assets under management this week, becoming the largest among comparable products. Separately, the market is pricing in the potential launch of Rex Osprey crypto ETF funds that may include an XRP listing. These fund-level flows and product milestones are significant demand signals for XRP.
How to monitor XRP technicals and ETF signals?
Monitor the four-hour moving averages for crossover confirmation and watch daily SMA 50 for support. Track daily volume and ETF AUM updates, and observe macro event days such as central bank meetings that can amplify moves. Use combined technical and on-chain/flow indicators for a clearer risk picture.
Frequently Asked Questions
How reliable is a 4-hour golden cross for predicting sustained gains?
Short-term golden crosses signal momentum but are less reliable than daily or weekly crossovers. Use the 4-hour signal with volume confirmation and support/resistance checks to assess the probability of sustained gains.
Will ETF listings guarantee further upside for XRP?
ETF listings and rising AUM can increase demand but do not guarantee price increases. Market liquidity, macro rates, and trader positioning all contribute to outcomes. Treat ETF developments as significant but not determinative.
Key Takeaways
- Technical shift: XRP formed a 4-hour golden cross, suggesting short-term bullish momentum.
- ETF demand: XRPQ surpassing CAD 150M and potential new ETF products are notable demand drivers.
- Levels to watch: Support at daily SMA 50 (~$3); resistance at $3.38 and $3.66; manage risk around macro events.
Conclusion
In summary, the XRP golden cross on the four-hour chart, reinforced by ETF flows and a milestone AUM for XRPQ, points to a cautiously bullish near-term outlook. Traders should monitor technical confirmations, ETF updates, and macro events while using the $3 daily SMA as a key risk level. Coinotag will continue to update the market as new data arrives.
