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🚀 XRP Soars to 45-Day High as ’Guppy’ Indicator Flashes Bullish: More Upside Coming?

🚀 XRP Soars to 45-Day High as ’Guppy’ Indicator Flashes Bullish: More Upside Coming?

Author:
CoindeskEN
Published:
2025-07-09 12:25:58
14
3

XRP just punched through its highest level in 45 days—and the 'Guppy' momentum indicator suggests this rally isn't done yet. Traders are betting the remittance token's breakout has legs.

### The Guppy Factor: Why This Rally Feels Different

Unlike past dead-cat bounces, this surge comes with a confirmed bullish crossover on the Guppy Multiple Moving Average (GMMA)—a favorite of crypto day traders. When the 'fast' group of moving averages overtakes the 'slow' pack, it signals growing institutional interest (or at least hedge funds playing with Monopoly money).

### Key Levels to Watch

The 45-day high puts XRP squarely in breakout territory. Next resistance sits at the psychologically important $0.60 level—a price last seen before the SEC decided to play whack-a-mole with crypto projects. Support holds firm at $0.52, the token's 30-day moving average.

### The Cynic's Corner

Let's be real—if Guppy indicators printed money, every degen trader would be on a yacht. But with Ripple's legal drama fading and real-world payment use cases actually materializing? Even Wall Street analysts might grudgingly stop calling this a 'ghost chain.'

XRP chart (TradingView)

The bullish crossover of the Guppy averages indicates that the path of least resistance is now on the higher side, with potential for a rally to $2.649, the high registered on May 14.

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