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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
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1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd - 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
XRP Is About to Reach an All-Time High as Rare Golden Cross Is About to Appear
The price of the popular cryptocurrency XRP is set to reach an all-time high. It is currently trading at $1.47 per XRP, the highest price for this popular cryptocurrency since May 2021, amid the recent widely recognized cryptocurrency market rally. However, the all-time high of the sixth largest cryptocurrency was set long ago, at the beginning of 2018, when the price of XRP reached $3.317. In fact, this high may soon be surpassed as indicated by technical indicators, as the price of XRP has surged by 186.5% this month, breaking through a key resistance level that has only existed since 2018. This alone is enough to show the ambition of this popular cryptocurrency is larger at this time than in 2021.
But there is still much more to it, because the formation of the golden cross signal on this cryptocurrency's weekly chart can provide XRP with more confidence from a technical analysis perspective. The Golden Cross is formed when two different moving averages intersect, with the 50-day curve crossing below the 200-day curve. The larger the time frame in which the pattern forms, the stronger the pattern. In addition, a weekly golden cross is extremely rare, with the last occurrence being for XRP in May 2021. Its appearance coincided with the price peak of XRP. However, this time, the situation may be different, as the dynamic resistance level has been broken, meaning the ceiling level could be higher. Speculation before the previous breakout indicated that $4.20 is one of the targets for the price of XRP, which is quite amusing considering the memetic nature of this number.