XRP jumps 7 percent as traders eye rare golden cross signal

XRP is riding Bitcoin's coat-tails back into the green. The token surged 6.9% today, fueled by a broader market rebound that saw Bitcoin reclaim the $80,000 level. This price action isn't just a random spike; it's pushing XRP toward a golden cross on the daily charts, a technical pattern where the 50-day moving average crosses above the 200-day mark. Traders haven't seen this setup in months, and it usually signals a long-term shift in momentum. Despite the rally, the charts aren't offering a free pass. Mixed signals remain as volume fluctuates, leaving some analysts worried about a bull trap if Bitcoin loses its grip on recent gains. XRP holders are watching the $0.60 resistance level closely to see if this bounce has real legs or if it's just another false start in a volatile week. Will the golden cross finally trigger a sustained breakout, or is the market setting up for a sharp rejection?