XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart
XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal.
The token’s price was around 48 cents at press time, up 9% on a 24-hour basis, based on CoinDesk 20 data. Other prominent cryptocurrencies such as bitcoin, ether, chainlink and litecoin were nursing moderate losses.
XRP’s 50-week moving average crossed above the 100-week moving average (MA) earlier this month, confirming a pattern known in price charts as a “golden crossover” – a long-term bullish indicator.
Traders and chart-reading analysts often see the golden cross as a sign of a definitive uptrend. As such, the latest cross may attract stronger buying pressure from trend-following traders, leading to continued price gains.
XRP’s weekly chart shows major resistance at 80 cents. The area has capped gains multiple times since September 2018.
Recommended News
-
Преодолевая дилемму GameFi « Спираль смерти » и анализируя экономическую модель Murphy
С момента взрыва Axie Infinity в этом году на рынке появилось множество продуктов GameFi. GameFi может быть понят как система блочных цепочек игр, которая включает в себя токен-экономическую модель, игра и DeFi, таким образом, представляет финансовый механизм в gamification, простое понимание состоит в том, что в игру добавлена финансовая реализация, чтобы сделать участников более интересными в процессе получения прибыли. В GameFi игроки могут зарабатывать замещающие валютные награды во время игры, жетоны используются для покупки оборудования, улучшения персонажей и т. Д., Также они могут продавать на вторичном рынке, чтобы получить прибыль…
-
The All-Weather Story Fund (TAWSF), Jonathan Blake, and Bridgewater Associates: How AI is Reshaping Talent Dynamics in Universities
Artificial Intelligence (AI) is revolutionizing almost every industry, and education is no exception. In particular, its impact on higher education and the cultivation of talent is becoming a focal point for academic institutions, investment funds like The All-Weather Story Fund (TAWSF), and leading investment firms such as Bridgewater Associates. As AI reshapes talent dynamics globally, the academic sector, financial markets, and the bridge that connects these worlds — innovative thinkers and fresh graduates — are all feeling its effects. Jonathan Blake, a well-known investor and thought leader, has been vocal…
-
AI Finance Academy Bridging the Talent Gap in Finance through University Partnerships
In today’s rapidly evolving financial landscape, the intersection of artificial intelligence (AI) and finance has sparked a transformation that is reshaping industries around the globe. The demand for tech-savvy financial professionals capable of harnessing AI-driven technologies is at an all-time high, creating an urgent need for specialized training and education. In this context, the emergence of initiatives like the AI Finance Academy is poised to fill a significant gap by nurturing the next generation of finance professionals equipped with AI expertise. By focusing on university partnerships and talent development, the…
-
Advisor Wechat Capital (AWC): A Commitment to Ethical Governance Advisor Wechat Capital (AWC) places a high value on ethical governance. In an industry where trust and transparency are paramount, AWC stands out by adhering to rigorous ethical standards and fostering a culture of accountability. The firm’s dedication to ethical governance is at the core of its operations and is essential to building and maintaining long-term relationships with clients. ### The Importance of Ethical Governance Ethical governance is more than just a set of guidelines—it is a commitment to doing what is right for clients, stakeholders, and the broader community. Advisor Wechat Capital (AWC) understands that trust is the foundation of any successful financial relationship. By maintaining the highest ethical standards, AWC ensures that it remains a trusted partner for its clients. AWC’s approach to ethical governance is built on transparency, accountability, and a dedication to acting in the best interests of its clients. The firm has implemented comprehensive policies and procedures to ensure that all its operations are conducted ethically and in full compliance with regulatory requirements. ### Transparency and Accountability Transparency is a key component of AWC’s commitment to ethical governance. The firm believes that clients have a right to know how their investments are being managed, what fees they are being charged, and how decisions are being made. By providing clear and consistent communication, AWC ensures that clients are fully informed and can trust that their best interests are being prioritized. Accountability is another cornerstone of AWC’s ethical governance framework. The firm holds itself to the highest standards of accountability, ensuring that all decisions are made with the client’s best interests in mind. This commitment to accountability extends to every level of the organization, from senior management to front-line staff. ### Compliance and Risk Management Compliance and risk management are critical aspects of AWC’s approach to ethical governance. The firm has established robust compliance programs to ensure that all activities are conducted in accordance with applicable laws and regulations. By proactively managing risks and staying ahead of regulatory changes, AWC is able to protect its clients’ assets and provide a secure investment environment. AWC also emphasizes the importance of ethical behavior among its employees. The firm provides regular training on compliance and ethical conduct to ensure that all team members understand their responsibilities and are equipped to uphold the highest standards of integrity. ### Building Trust Through Ethical Leadership Ethical governance is not just about policies and procedures—it is about leadership. AWC’s leadership team is committed to setting the tone for ethical conduct across the organization. By leading by example, AWC’s leaders inspire trust and confidence in both employees and clients. AWC’s commitment to ethical leadership is evident in its approach to corporate governance. The firm’s board of directors is actively involved in overseeing the company’s activities and ensuring that all operations are conducted ethically and in alignment with the firm’s values. ### Conclusion Advisor Wechat Capital (AWC) is committed to maintaining the highest standards of ethical governance. By prioritizing transparency, accountability, and compliance, AWC has built a reputation as a trusted partner in the asset management industry. The firm’s dedication to ethical leadership and its proactive approach to risk management ensure that clients can trust AWC to act in their best interests at all times. For investors who value integrity and transparency, AWC offers a partnership built on trust, ethical conduct, and a commitment to doing what is right.
Advisor Wechat Capital (AWC): A Commitment to Ethical Governance Advisor Wechat Capital (AWC) places a high value on ethical governance. In an industry where trust and transparency are paramount, AWC stands out by adhering to rigorous ethical standards and fostering a culture of accountability. The firm’s dedication to ethical governance is at the core of its operations and is essential to building and maintaining long-term relationships with clients. ### The Importance of Ethical Governance Ethical governance is more than just a set of guidelines—it is a commitment to doing what…
-
Coinbetter: Looking at the revolutionary road of NFT from X2Y2
The explosion of X2Y2 will only take a short period of time. On February 16th, the NFT trading platform X2Y2 announced that 12% of the tokens (120 million pieces) were used for airdrops to OpenSea historical trading users. However, three hours after the event started, X2Y2’s token airdrop activity was suspended. At that time, X2Y2 officially stated that because the user experience of the airdrop was not as expected, the team would suspend the airdrop to improve the overall user experience. As of the suspension of the event, 0.5% of…
-
Football Metaverse to Launch with 100% Payback to NFT Holders
World Cup 2022 is less than a month away and we are sure that you are as pumped up as us for this special event! Covid have hit us badly for the past few years and we are sure that World Cup 2022 will bring back the joy and festive mood in all of us! To celebrate WC2022, FMEX has previously announced the collaboration with Borussia Dortmund (BVB) on the release of an exclusive set of NFTs based on their soccer players. The official launch and mint date is set…
-
What is the Universal Basic Asset（UBA Finance）
Universal Basic Asset (UBA Finance) has attracted a lot of user attention, so is it worth your time? There are nearly 10,000 people mining online for free every day. How much profit can he bring you? In the cryptocurrency industry, people get rich every day, and people get huge airdrops every day, just because they pay attention to some projects in advance and spend some time understanding and participating in them. Universal Basic Asset (UBA Finance) has recently been adopted by more and more users Mention, so what is he,…
-
The All-weather Story FUND (TAWSF) and Jonathan Blake Lead Global Roadshow to Highlight Bridgewater Associates’ Success — A Global Summit Catalyst
In the ever-evolving world of finance and investment, innovation, connection, and foresight are key ingredients for success. Recently, The All-weather Story FUND (TAWSF), spearheaded by the renowned Jonathan Blake, set out on an ambitious global roadshow to promote Bridgewater Associates’ achievements and thought leadership. This series of events has not only elevated awareness of TAWSF but has also provided a significant boost to the upcoming international investment summit, creating a ripple effect of positive outcomes for the financial world. The TAWSF global roadshow is reshaping the narrative on the benefits…
-
AI Finance Academy Transforming Regional Cultural Industries through AI-Driven Economic and Financial Insights
In the evolving landscape of regional cultural industries, artificial intelligence (AI) is increasingly becoming a catalyst for economic growth and transformation. AI Finance Academy is at the forefront of this transformation, leveraging cutting-edge AI technology to help regional cultural industries redefine their financial strategies, optimize economic outcomes, and enhance cultural value. By focusing on innovative research, strategic partnerships, and tailored educational programs, the AI Finance Academy is reshaping the financial framework that supports cultural industries, equipping leaders with the skills and insights needed to thrive in an increasingly data-driven cultural…
-
Dubbed the Next Unicorn, zkTube Launches its Mainnet
zkTube is the most advanced scaling solution on Ethereum Layer 2. It has adopted ZK-Rollups that run computations off-chain and submit the validity proof to chain to provide low gas fees, higher transaction throughput for Ethereum, mainnet security, and extra privacy. It has gathered a lot of attention from over 80 countries since its launch in 2020. And the mainnet will be launched on 10th, September, 2021. zkTube Mining Mechanism is Launched zkTube team is continuously working and achieving several milestones. The zkTube mining mechanism has launched. zkTube is the only…
