XRP has drawn fresh attention in the crypto market after indicators suggest a potential golden cross formation—signaling bullish prospects for this popular altcoin.

Golden Cross Hinting at Upward Momentum

Technical analysts are closely watching XRP after signs of a golden cross flip emerged on its price chart. A golden cross occurs when a short-term moving average crosses above a long-term moving average, typically indicating an optimistic trend reversal or a surge in buying momentum. This pattern is considered one of the more reliable signals of a sustained price rally.

Though XRP has seen some struggle in moving past resistance zones, the appearance of this technical pattern suggests there could be increasing investor demand. Traders view the golden cross as a signal that market sentiment may be shifting in favor of bulls, especially following the asset’s recent uptrend across key support levels.

Shiba Inu Sees Extreme Liquidation Imbalance

Meanwhile, meme-coin Shiba Inu (SHIB) recorded an eye-popping 699,000% surge in its liquidation imbalance, according to market intelligence providers. This unusually large imbalance reflects a massive amount of sell orders being executed compared to buy orders—highlighting unexpected volatility within SHIB’s futures market.

Typically, such an enormous liquidation disparity could trigger cascade effects across exchanges if long positions are unable to withstand rapid downside pressure. However, proponents of Shiba Inu argue that large swings in liquidations are part and parcel of meme-coin ecosystems, where speculative trading dominates fundamentals.

Traders are advised to approach such assets with caution, as sudden surges in liquidations have historically led to flash crashes or erratic price behavior, unsettling less experienced investors.

Bitcoin Facing a $100,000 Liquidity Risk

While XRP and SHIB make headlines, Bitcoin is also facing mounting pressure. Analysts warn that the world’s leading cryptocurrency could be eyeing a potential $100,000 in cumulative liquidity risk based on its current order book weakness. Current trading patterns reveal a potential imbalance between supply and demand on major exchanges.

Liquidity data gathered from top analytics platforms reveal thin bids at key price supports for Bitcoin. A drop below these fragile levels could lead to substantial sell-offs—testing the resilience of both retail and institutional holders. If buying pressure fails to resurface quickly, Bitcoin could undergo a steeper decline than anticipated, particularly if macroeconomic uncertainties remain unresolved.

This precarious backdrop has led analysts to stress the need for enhanced liquidity measures and robust support levels if Bitcoin is to maintain its current trajectory and protect its pricing structure.

Related: XRP Price: $12M Max Pain for Bears

Visual representation of XRP network trends and technical signals suggesting increased trading activity.