XRP price prediction: This indicator hints at 640% rally
Main Idea
XRP's Market Value to Realized Value (MVRV) ratio has formed a golden cross, suggesting potential for a significant price rally, while investors should monitor whale flows and broader market conditions.
Key Points
1. XRP’s MVRV ratio has formed a golden cross, a technical pattern that historically precedes major rallies.
2. If XRP repeats its best historical performance of a 640% surge, it could reach a new record high of around $24.42.
3. Investors should watch for sustained positive whale flows (typically above 5 million XRP per day) to avoid potential price reversals.
4. Ripple and the SEC agreed to drop appeals of Judge Analisa Torres’ ruling, which may impact XRP’s price.
5. XRP needs to hold above the $3.30 level to potentially reach $3.50, assuming bullish broader market conditions.
Description
With XRP flying high as investors react to the resolution of the Securities and Exchange Commission (SEC) case, on-chain data suggests that more upside for the asset might be on the horizon. This projected rally is rooted in the fact that XRP’s Market Value to Realized Value (MVRV) ratio has formed a golden cross , a technical pattern that occurs when the short-term MVRV ratio moves above its long-term 200-day moving average ( MA ). XRP MVRV chart. Source: Santiment This rare event has occurred ...
Latest News
- Solana flashes a clear signal to hit $1,315 target2025-08-10 11:28:09
- XRP ETF global interest spikes 730%2025-08-10 10:22:47
- Here’s how ‘Nasdaq bubble burst’ will ‘crater Bitcoin’2025-08-09 19:41:41
- Daily new cryptocurrencies created drops 35% under Trump’s 2nd tenure2025-08-09 11:42:59
- ChatGPT-5 predicts Ethereum price for end of 20252025-08-09 09:09:46