Crypto Market Moves: XRP Aims for $11, SHIB Whales Surge, Bitcoin Eyes Golden Cross

The cryptocurrency market is experiencing several notable movements today. Ripple’s XRP price could reach a new high of $11 if the current bullish trend persists. Chart patterns indicate this upward movement, driven by months-long consolidation followed by a breakout in July. Meanwhile, Shiba Inu (SHIB) whales have witnessed significant activity, with large holder outflows more than doubling in 48 hours. The price surge has coincided with substantial SHIB transactions from key exchange accounts. In the Bitcoin market, a Golden Cross is anticipated in the coming days, potentially signifying a bullish shift. This significant technical change on Bitcoin’s 4-hour chart indicates a strong upward trend. The crossover between the short-term and long-term moving averages is nearing completion, setting up a powerful signal for potential price growth.