XRP has moved close to a zone where a golden cross can form after a sharp rebound in August. On Sept. 7 local time, U.Today, a blockchain outlet, reported that XRP fell about 1.5 percent intraday to trade around $1.40, but still held above its 200-day moving average.

The current price was also cited as around $1.35. A mid-term moving average in the $1.19 to $1.24 range has started rising, and the 20-day moving average has also climbed quickly to near $1.32.

A golden cross refers to a move where a short-term moving average breaks above a long-term moving average. It is commonly interpreted as a signal of improving medium- to long-term momentum. The process accelerated as XRP rose in August from around $1.00 to above $1.50.

Two bullish scenarios were presented. The first is sideways trading in the $1.35 to $1.50 range, allowing moving averages to catch up to the price. In that case, the 200-day moving average would act as support and volatility could fall.

The second is a faster upside break. XRP has already tested the $1.45 to $1.50 range several times. If volume increases and there is a strong daily close above $1.50, upside momentum could strengthen even before the golden cross is fully formed. In that case, the first resistance is $1.55, and the next target area is $1.70, where an upper wick formed in August.

Both scenarios, however, depend on holding near the 200-day moving average. In the $1.32 to $1.35 range, where a recent low formed, buying interest has been seen stepping in to defend the level. The RSI briefly rose above 80 during the August surge but has now fallen to around 59. If XRP forms a golden cross while staying above the 200-day moving average, it could signal a change in the technical structure of the downtrend that continued through most of 2026. A golden cross alone, however, does not guarantee further gains.