The XRP to Bitcoin price ratio has formed its first golden cross on the weekly chart, indicating a bullish shift in momentum. This occurrence suggests that the short-term trend is outperforming the broader trend, potentially leading to a significant bull run for XRP. The crossover, confirmed in the weekly chart, enhances the probability of the XRP/BTC ratio breaking out from its four-year-long sideways channel. This development is particularly notable as regulatory uncertainty has historically limited XRP's performance amidst wider crypto market rallies. Recently, the SEC dropped its appeal against a favorable ruling for Ripple, which clarified that XRP is not a security in retail sales on public exchanges. This resolution may pave the way for a breakout and a strong rally, as prolonged consolidations typically lead to more rapid price movements once a breakout occurs. As XRP has been locked in a narrow trend since late 2020, this pattern indicates potential for notable increases in value relative to Bitcoin.

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