XRP +137.97% 7-Day Surge Amid Major Technical Indicators

On SEP 3 2025, XRP dropped by 12.93% within 24 hours to reach $2.8577, XRP rose by 137.97% within 7 days, rose by 297.58% within 1 month, and rose by 3718.08% within 1 year.

The recent 7-day surge of 137.97% in XRP has drawn attention from traders and investors who are closely monitoring the digital asset’s movement. This sharp increase came after a period of consolidation, during which key support levels were tested and held. Analysts have noted that the price action is showing signs of a bullish breakout, with volume increasing in tandem with the upward trend. The move suggests a potential shift in market sentiment toward optimism, particularly among long-term holders who have seen substantial gains in the past 30 days.

Technical indicators are providing a mixed but generally positive outlook. The Relative Strength Index (RSI) has moved above 50, signaling a bullish momentum. The 50-day and 200-day moving averages are beginning to converge, which is typically seen as a precursor to a trend change. On the other hand, the Moving Average Convergence Divergence (MACD) line has crossed above the signal line, reinforcing the bearish-to-bullish transition. Traders are watching these indicators closely to gauge whether the recent upward momentum is sustainable or a short-term correction.

The recent 24-hour dip of 12.93% does not appear to have significantly dampened the bullish sentiment. In fact, the pullback is being interpreted by some as a buying opportunity. Positions taken during the dip have seen significant gains as XRP rallied in the following days. This behavior is often associated with strong institutional interest and suggests that the market is absorbing downward pressure rather than reacting to it.

Backtest Hypothesis

To evaluate the potential robustness of the recent movement, traders have employed backtesting strategies using historical price data and technical indicators. A commonly used approach involves entering a long position when the RSI crosses above 30 and the MACD line crosses above the signal line, with an exit strategy based on a 200-day moving average crossover. This strategy aims to capture the early stages of a bullish trend while minimizing exposure to false signals.

A backtest of this approach over the last 12 months would have captured the recent 7-day surge and the broader 3718.08% annual increase. The performance of this strategy is being analyzed to determine whether it can be reliably applied in future market conditions. Given the current price structure and indicator alignment, it is considered a viable approach for tracking the ongoing movement in XRP.