$XRP sentiment also got a boost after SEC Commissioner Caroline Crenshaw’s exit and continued talk around market structure legislation expected to move in January.
$XRP completes four-hour golden cross
The ongoing price move has produced a crucial breakout for $XRP, as it gains a footing above the $2 mark.
Likewise, short-term signals have improved, with golden cross signals appearing on lower time frames.
In the most recent of such, a golden cross has just been completed on the $XRP four-hour chart. The 50 MA rose above the moving average 200 on the four-hour chart, confirming a bullish golden cross signal.
Golden cross signals have also appeared on the one-, two- and three-hour charts, as $XRP gained traction at the start of 2026.
What do analysts say?
According to crypto analyst "Steph is crypto," $XRP is doing something very interesting at the moment. After a long corrective phase, "Steph is crypto" says $XRP has completed a clean wave-four structure, formed a falling wedge and is now breaking out.
The analyst likened this move to gold, adding that what stands out is how closely $XRP is tracking that same path, just delayed in time. He added that hard assets tend to move first, with higher-beta assets following. Gold already made its move, and $XRP is just starting to respond, the analyst said.