XRP's Golden Cross Signals 15% Upside Potential
XRP is exhibiting signs of a significant technical reversal, driven by robust momentum indicators and improving chart structures. The recent formation of a Golden Cross on the MACD has instilled optimism among traders, suggesting the onset of a bullish phase. Currently trading at $2.1413, XRP is experiencing mild gains as the market absorbs a potential breakout from its prolonged consolidation. Market sentiment is gradually shifting in favor of the bulls, with all eyes on the next move.
The daily chart displays a strong signal in the form of a MACD Golden Cross, which typically indicates the beginning of a sustained upward trend. The MACD line has moved above the signal line, and the histogram is printing green bars, suggesting that momentum is tilting upward. This formation, combined with XRP trading above the 20-day simple moving average (SMA), further supports the bullish outlook. Historically, such signals have led to substantial rallies, and the current price action mirrors similar pre-rally behavior seen in past cycles.
The Bollinger Bands are transitioning from a squeeze phase to expansion, implying an impending spike in volatility. XRP has rebounded from the lower band and is now pushing against the midline, with the upper band in sight around $2.35. A daily close above the midline could set the stage for a surge toward resistance. The narrowing of the bands earlier this month reflected low volatility, but the current widening suggests that a strong directional move is brewing. Momentum traders should prepare for a possible breakout in the coming sessions.
On the 4-hour chart, XRP appears to be forming a rounded bottom, a classic reversal pattern that often precedes bullish continuation. The MACD on this timeframe is also bullish, with a steady upward trajectory and positive histogram bars. The price is making higher lows and has tested the resistance zone around $2.16 multiple times, an early sign of breakout strength. If bulls can secure a close above that mark with increased volume, it could trigger a rally toward $2.25–$2.30 within hours.
Immediate support lies at $2.09, which coincides with the 20-day SMA. Stronger support levels sit at $2.00 and $1.83, which have held firm during recent corrections. Resistance is now building at $2.35, followed by $2.50, and the psychological barrier of $3.00. If XRP breaks through $2.35 with strong volume, a rally toward $2.50 may unfold quickly. Volume confirmation will be key to validating any breakout and ensuring momentum is sustained rather than rejected.
With both the daily and 4-hour charts showing synchronized bullish signals, XRP is likely to trade within a projected range of $2.20 to $2.35 today. If buying pressure intensifies and resistance at $2.35 is broken, the rally could extend toward $2.45 by day’s end. However, if momentum stalls, a retracement to $2.09 could occur before another bullish attempt. Overall, indicators favor continued upside as market sentiment improves and technical patterns align.

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