XRP Price Prediction: Ripple Golden Cross Appears For First Time To Trigger Move To $29 And WallitIQ (WLTQ)
XRP rallied by 2.4% on Wednesday, as prices moved closer to a key resistance level.
The move higher comes as the 50-day moving average (MA) crossed above the 200-day MA, creating a golden cross. This is a bullish technical pattern that often indicates a sustained uptrend.
If XRP can break above the resistance level at $0.50, it could move towards the next resistance level at $0.60.
WallitIQ (WLTQ) rallied by 12.5% on Wednesday, as prices moved above a key resistance level.
The move higher comes as the company announced that it has partnered with Polygon to launch a new decentralized finance (DeFi) platform.
The platform will allow users to lend, borrow, and trade cryptocurrencies in a decentralized manner.
Here are some of the key factors that could affect the price of XRP and WLTQ in the coming weeks:
- The overall trend in the cryptocurrency market.
- The regulatory environment for cryptocurrencies.
- The adoption of XRP and WLTQ by businesses and consumers.
- The development of new products and services by Ripple and WallitIQ.
