XRP is set to print a watched signal on the Bitcoin chart as the moving averages are expected to make a convergence in a matter of days.

The 50-day MA and the 200-day MA on the XRP/BTC pair are drawing closer and might converge in the days ahead.  If the 50-day MA crosses above the 200-day MA, a golden cross might occur, and a death cross might occur otherwise.

The 50-day MA looks turned down on the XRP/Bitcoin chart, raising the chances of a death cross, which is a bearish indication.

XRP has remained in consolidation in its Bitcoin pairing since Oct. 10's flash crash, currently at 0.00002275. A death cross or golden cross might hint at direction in the short term. A death cross might precede a bottom in the XRP/BTC chart, while a golden cross might kickstart bullish momentum.

XRP news

According to crypto reporter Eleanor Terrett, Canary Funds has filed an updated S-1 for its $XRP spot ETF, removing the "delaying amendment" that stops a registration from being auto-effective and gives the SEC control over timing. This sets Canary’s XRP ETF up for a launch date of Nov. 13, assuming the Nasdaq greenlights the 8-A filing.

Webull, an online investment platform, has announced the expansion of its crypto futures offering through an ongoing partnership with Coinbase Derivatives. Through the move, Webull users in the U.S. will be able to trade futures contracts for Nano XRP and XRP, among other cryptocurrencies.

In other news, XRP enthusiast Bill Morgan stated that a recent filing with the SEC reveals the newest XRP corporate holder, which is Virtu Financial. In addition to Bitcoin and Ethereum, Virtu Financial holds a substantial amount of XRP on its balance sheet.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。