XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst
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Ripple’s token XRP jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play.
Golden Cross Signal
According to Dark Defender’s post on X, a golden cross formed on the weekly RSI back on November 4, 2024. That same signal came before a run from $0.5029 to $3.388. Some believe history could repeat itself this time. If traders follow the pattern, a move to $5.85 isn’t out of reach.
XRP Price Moves
Based on on-chain data, XRP has bounced between $2.36 and $2.44 over the past day. Volume picked up as Bitcoin climbed. Right now, XRP sits at $2.445, up 0.83% in the last 24 hours. Breaking $3.33 would erase its 90-day slide of 5.62%. Clearing that level could clear the way for bigger gains.
Bitcoin’s New HighOn 4 November, #XRP had a Golden Cross Signal on weekly RSI.
We warned in October.
Today, XRP RSI has produced the same signal after 200 days!
XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85… pic.twitter.com/SthErQvaJE
— Dark Defender (@DefendDark) May 22, 2025
Last week, Bitcoin surged past $109,000—its highest mark ever. That jump has lifted many altcoins, and XRP is no exception. Another analyst pointed out that Bitcoin rose from $27k to $74k over about two years, while XRP could match that rise in a much shorter span. It’s a bold claim, but the timing does feel ripe.
ETF Approval Odds
Based on prediction by Polymarket, there’s an 83% chance the SEC will approve an XRP ETF. Big names like Bitwise and Grayscale have filings in play. If those get the green light, institutional flows could pour in. Some US-listed leveraged XRP futures already trade heavily, showing strong demand.
Whales And Wider Trends
Whale wallets keep accumulating XRP, adding to the buzz. Every time large holders buy, prices tend to spike. At the same time, broader market mood matters. If Bitcoin pulls back, altcoins often follow. But right now, the tide seems to be turning in XRP’s favor.
What Comes NextA break above $3.4 would set a new cycle high. Hitting $5.80 would mean doubling today’s price. It won’t be easy. Traders will watch RSI, moving averages, and whale activity closely. Regulatory news on the ETF front will be crucial. For now, XRP bulls have reasons to cheer—but they’ll need patience too.
Featured image from Unsplash, chart from TradingView
In This News
Coins
$ 89.40K
+0.09%
$ 0.167
-3.52%
$ 1.96
-1.77%
$ 0.0144
-2.38%
$ 0.00...361
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In This News
Coins
$ 89.40K
+0.09%$ 0.167
-3.52%$ 1.96
-1.77%$ 0.0144
-2.38%$ 0.00...361
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XRP price prediction: at risk of a crash despite bullish Ripple news
XRP Holders Labeled ‘Uneducated Perma Bulls’ By Veteran Trader – Details
XRP’s $5 Dream Ride Hinges On This One Chart Setup – Analyst
Share:
Ripple’s token XRP jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play.
Golden Cross Signal
According to Dark Defender’s post on X, a golden cross formed on the weekly RSI back on November 4, 2024. That same signal came before a run from $0.5029 to $3.388. Some believe history could repeat itself this time. If traders follow the pattern, a move to $5.85 isn’t out of reach.
XRP Price Moves
Based on on-chain data, XRP has bounced between $2.36 and $2.44 over the past day. Volume picked up as Bitcoin climbed. Right now, XRP sits at $2.445, up 0.83% in the last 24 hours. Breaking $3.33 would erase its 90-day slide of 5.62%. Clearing that level could clear the way for bigger gains.
Bitcoin’s New HighOn 4 November, #XRP had a Golden Cross Signal on weekly RSI.
We warned in October.
Today, XRP RSI has produced the same signal after 200 days!
XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85… pic.twitter.com/SthErQvaJE
— Dark Defender (@DefendDark) May 22, 2025
Last week, Bitcoin surged past $109,000—its highest mark ever. That jump has lifted many altcoins, and XRP is no exception. Another analyst pointed out that Bitcoin rose from $27k to $74k over about two years, while XRP could match that rise in a much shorter span. It’s a bold claim, but the timing does feel ripe.
ETF Approval Odds
Based on prediction by Polymarket, there’s an 83% chance the SEC will approve an XRP ETF. Big names like Bitwise and Grayscale have filings in play. If those get the green light, institutional flows could pour in. Some US-listed leveraged XRP futures already trade heavily, showing strong demand.
Whales And Wider Trends
Whale wallets keep accumulating XRP, adding to the buzz. Every time large holders buy, prices tend to spike. At the same time, broader market mood matters. If Bitcoin pulls back, altcoins often follow. But right now, the tide seems to be turning in XRP’s favor.
What Comes NextA break above $3.4 would set a new cycle high. Hitting $5.80 would mean doubling today’s price. It won’t be easy. Traders will watch RSI, moving averages, and whale activity closely. Regulatory news on the ETF front will be crucial. For now, XRP bulls have reasons to cheer—but they’ll need patience too.
Featured image from Unsplash, chart from TradingView
In This News
Coins
$ 89.40K
+0.09%$ 0.167
-3.52%$ 1.96
-1.77%$ 0.0144
-2.38%$ 0.00...361
Share:
In This News
Coins
$ 89.40K
+0.09%$ 0.167
-3.52%$ 1.96
-1.77%$ 0.0144
-2.38%$ 0.00...361
Share:
Read More
XRP price prediction: at risk of a crash despite bullish Ripple news