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XRP/BTC was born Golden Cross before the six consecutive negative candles.

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#Cryptocurrency#Eight hundred and eighty thousand#He is a member of the Democratic Party.BTC#He is a member of the Democratic Party.XRP#The Golden Cross

XRP/BTC was born Golden Cross before the six consecutive negative candles.

XRP/BTC was born at the Golden Cross, but negative six candlesticks did not confirm a trend reversal.

 XRP / BTC เกิดโกลเดนครอส ก่อนแท่งเทียนลบต่อเนื่อง 6 แท่ง

What's the Golden Cross in this story?

U.Today reported on the 26th that a 50-day moving average line in an XRP/BTC four-hour time frame intersects above the 200 day mean line, which in technical parlance is called a golden cross. Generally speaking, a gold cross is used as a signal that short term buying forces may be beginning to beat long term selling forces; however, reading this signal requires looking at what time frames are being used and using which pairs of trades because a gold crossing on XRP/BTC does not directly tell whether the price of XRP relative to the baht will go up or down.

Why can you just say it's eye-catching, but not confirm the trend?

The report notes that XRP moves were strong against bitcoin since September 16, with both the 4-hour and daily charts above their 50-day and 200-day averages, but after such signals occurred, six consecutive negative candlesticks appeared, making it impossible to confirm a change in trend from technical signals alone.

 XRP / BTC เกิดโกลเดนครอส ก่อนแท่งเทียนลบต่อเนื่อง 6 แท่ง

The fact that the comparison value has several consecutive negative candlesticks reflects that sales are still coming after the upward truncation of the mean line, and the average is retrospective data, so it does not guarantee that the same pattern will continue in the future.

How does this news affect Thai users?

For Thai readers who follow XRP through domestic platforms such as Bitkub or channels operated under the supervision of the SEC (Thailand) Thailand, the XRP/BTC signals are only one side of the picture. The price that users actually see is XRP/ THB , which has been influenced by both movements of XRP versus BTC, and prices of BTC versus THB .

So even though XRP might look strong against bitcoin at some point, the price of a baht may not change in the same direction if it's weaker than the baht itself.

The limitations of the original data to be careful.

 XRP / BTC เกิดโกลเดนครอส ก่อนแท่งเทียนลบต่อเนื่อง 6 แท่ง

U.Today states that no original graph data exists to independently verify the intersection of the 50-day and 200-day mean lines. In practice, a news observer should check whether the referenced graph has an explicit source; which timeframe is used by the graph: 50 days/200 actual days or as an average of 50 fractions/200 fractions on a 4-hour frame; and counting negative 6 fractions from any such crossover point because these details affect the reliability of technical conclusions.

Things to keep an eye on without pricing.

If you want to follow this news further, see if the movement behind Golden Cross is still above both mean lines, whether the number of continuous negative candlesticks increases or decreases and whether the daily graphs are consistent with the four-hour graph.

In addition, it is advisable to keep track of the XRP's baseline data such as network usage, related project activity and market conditions but do not conclude from a single linear average because technical signals work well when combined with other information that can actually be monitored.

It's a warning.

It's information, not investment advice. Cryptocurrency prices fluctuate wildly and should be carefully studied and decided upon.

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