XRP ‘God Candle’ Signal from 630% Rally Flashes Again
2025-07-17 13:38:07
Main Idea
A key on-chain signal, the 'Golden Cross' on XRP's MVRV ratio, has appeared again, historically preceding a 630% rally in 2024, suggesting potential for another significant price surge.
Key Points
1. The 'Golden Cross' on XRP's MVRV ratio, a bullish signal, has flashed again, similar to the signal before XRP's 630% rally in 2024.
2. XRP's price has already surged nearly 45% over the past two weeks, breaking out of a long consolidation period.
3. The MVRV ratio compares an asset's market price to its realized value, and a cross above the 200-day moving average is seen as a strong bullish indicator.
4. The previous occurrence of this signal in late 2024 led to XRP breaking long-term resistance and surging 630% to a new all-time high.
5. If history repeats, the current signal could suggest a long-term price target of $22 for XRP, though market conditions may vary.
Description
A key on-chain signal that preceded a 630% XRP rally in 2024 has flashed again on the charts This “MVRV Golden Cross” is now being seen by traders as a potential “God Candle” signal for the asset The historical parallel suggests a massive, explosive price move could be on the horizon for XRP A key on-chain indicator that preceded XRP’s last major bull run has flashed again, leading one renowned analyst to suggest the digital asset could be preparing to repeat a historic 630% rally. The signal, a...
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