BTCC / BTCC Square / XRP News /
XRP’s MVRV Golden Cross Signals Potential 630% Rally to $22

XRP’s MVRV Golden Cross Signals Potential 630% Rally to $22

Author:
XRP News
Published:
2025-08-07 16:23:31
15
2
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP's price action is under intense scrutiny as crypto analyst Ali Martinez identifies a rare on-chain signal—the MVRV golden cross—which historically preceded a 630% surge. Currently trading near $3.50, XRP has solidified a bullish technical structure across multiple timeframes. Historical patterns suggest a theoretical upside target of $22 if the trend repeats, though market strategists caution that such projections are speculative. This development has sparked significant interest among investors, as the MVRV golden cross has proven to be a reliable indicator in past cycles. The cryptocurrency community is closely monitoring XRP's performance, anticipating a potential major breakout in the coming months.

XRP Price Prediction: MVRV Golden Cross Hints at 630% Rally Potential

XRP's price action is drawing intense scrutiny after crypto analyst Ali Martinez identified a rare on-chain signal—the MVRV golden cross—that previously preceded a 630% surge. The token currently trades near $3.50, having solidified a bullish technical structure across multiple timeframes.

Historical parallels suggest a theoretical upside target of $22 if the pattern repeats, though market strategists emphasize such indicators aren't universally predictive. "There's no peer-reviewed research validating MVRV golden crosses as reliable across all conditions," noted a crypto fund executive, acknowledging the pattern's anecdotal significance during Ripple's improving fundamentals.

XRP News: Price Set to Skyrocket? SEC Poised to Drop Appeal And This Rival Could Capture the Next Wave

XRP is gaining momentum as bullish signals emerge, with speculation that the SEC may drop its long-standing appeal. The cryptocurrency surged 8.24% in the last 24 hours to $3.17, accompanied by a 46% spike in trading volume, surpassing $10.5 billion. Over the past week, XRP has rallied nearly 31%, with technical analysts eyeing a breakout above the $3.18 resistance level.

Market sentiment is further buoyed by a clean retracement to $2.85, identified as a healthy pullback to the 0.236 Fibonacci level. Momentum indicators like the RSI at 72.39 and a bullish MACD suggest continued upward potential. Meanwhile, an unnamed altcoin is quietly gaining traction as a potential contender for 2025, leveraging a unique approach to crypto payments.

XRP Nears Local High Amid Regulatory Tailwinds and ETF Launch

XRP has surged 32% in the past week, approaching its 2018 all-time high of $3.84 as bullish catalysts converge. The token briefly touched $3.4, its highest level this year, fueled by record futures open interest exceeding $10 billion and the launch of ProShares' Leveraged UXRP ETF.

Regulatory clarity emerged as the U.S. House passed the Genius Act, establishing stablecoin oversight frameworks. Market participants anticipate President Trump's signature could compel the SEC to adopt more crypto-friendly policies. CME Group's XRP futures saw open interest spike to $500 million, reflecting institutional demand.

The Ultra XRP ETF's debut marks a watershed moment for the asset class, charging a 1.67% expense ratio while providing 2x leveraged exposure. Derivatives activity now represents 11% of circulating supply, suggesting growing sophistication in XRP markets.

RippleX Proposes New Metadata Standard for XRP Ledger Tokens

RippleX, the development arm of Ripple, has introduced a draft proposal called XLS-0089d aimed at standardizing token metadata on the XRP Ledger. The new standard seeks to enhance the organization and discoverability of multipurpose tokens (MPTs) by defining a structured 1024-byte metadata field.

The schema includes Core identification elements such as ticker symbols, token names, descriptions, and icon URLs. Designed for flexibility, it allows developers to maintain creative control while ensuring compatibility with wallets, block explorers, and cross-chain applications.

This initiative could significantly improve how tokens are displayed and recognized across the XRPL ecosystem, marking a technical leap forward for Ripple's infrastructure.

XRP Price Eyes $4 as Ripple-SEC Case Nears Conclusion

XRP surged to a record $3.65 this week before stabilizing NEAR $3.37, maintaining bullish momentum. Analysts identify an ongoing upward wave, with consolidation above January's $3.40 peak signaling potential for further gains. Targets of $3.84, $4.33, and $4.72 are now in play.

The legal overhang appears to be lifting as Ripple and the SEC approach a resolution. While neither party has formally dropped appeals, the process follows standard SEC procedures. A status update expected by August 15 could provide clarity, removing a key market uncertainty that has weighed on XRP for years.

Ripple Price Prediction: XRP Rally Reignites as Analyst Eyes $7 Breakout

XRP has surged to $3.45, marking its highest level since 2018, fueled by institutional inflows and regulatory clarity. The token's market capitalization jumped from $185 billion to $215 billion in days, with trading volume exceeding $23 billion.

Analyst Lark Davis highlights a symmetrical triangle breakout, targeting $4.10 initially, with Fibonacci extensions pointing to $4.68. "This breakout was juicy," Davis remarked, noting the $3 support level could propel new all-time highs.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users