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XRP Shows Bullish Potential with Rare MVRV Golden Cross and Key Resistance Testing Near $3.50

2025-08-09 15:41:26

Main Idea

XRP is showing bullish potential with a rare MVRV golden cross, rebounding from lows and testing key resistance near $3.50, supported by strong indicators like RSI and MACD.

Key Points

1. XRP has rebounded to $3.33, facing key resistance at $3.35–$3.50, with strong support at $3.00.

2. The MVRV golden cross, a bullish signal, suggests potential for significant price movements, with historical spikes leading to 630% and 54% increases.

3. RSI at 61.34 and MACD nearing crossover indicate strengthening momentum and buyer interest, while remaining within a healthy range.

4. The MVRV ratio crossed above its 200-day moving average in July 2025, signaling bullish trends after months of muted movement.

5. Support levels are holding near $3.00, with stronger backing around $2.50, as XRP tests resistance levels.

Description

XRP is experiencing bullish momentum, marked by a rare MVRV golden cross, indicating potential price surges as it tests resistance levels near $3.50. Rare MVRV golden cross aligns with historical

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Analysis News XRP
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$XRP
$3.1820
-2.76%

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