XRP News Today: A Golden Cross Rarity Ignites XRP's Quest for $3 and Beyond

XRP is drawing attention in the cryptocurrency market following the formation of a golden cross, a technical indicator historically associated with bullish price trends. A golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a shift in market sentiment. For XRP, such events are considered "ultra rare," having occurred only a few times in recent years. Analysts highlight that these rare formations often precede significant price movements, making the current situation noteworthy. Historical data from 2017, 2021, and 2024 shows price increases of up to 300% within weeks following a golden cross, suggesting a potential path toward the $3 price level [1].

The rarity of the golden cross in XRP is attributed to the token's long periods of sideways movement, making each crossover event a focal point for traders and investors. According to analytics platforms such as Glassnode and Dune Analytics, XRP has not seen this technical formation in several years, reinforcing the importance of the current signal. Traders are advised to consider this event in the context of broader market conditions, including on-chain activity, volume surges, and regulatory developments. While the golden cross is not a guaranteed indicator of upward movement, it is viewed as a catalyst for increased trading volume and price volatility [1].

XRP's recent price action has also been influenced by the growing likelihood of spot ETF approvals. As of late 2025, the probability of XRP ETF approvals has surged to 87% on prediction markets, with several key applications, including those by Grayscale and Franklin Templeton, set for October and November decisions. Experts like Nate Geraci and Eric Balchunas estimate a near-certainty of approval, noting the regulatory clarity provided by Ripple's 2024 legal victory and the shifting leadership at the U.S. Securities and Exchange Commission. If approved, XRP ETFs could open the door for institutional investors, significantly increasing demand for the token. Analysts project that the influx of capital could drive XRP toward $10 or even higher, depending on broader market conditions [3].

Technical analysis further supports the potential for upward movement. XRP has formed a bull flag pattern on its daily chart, a continuation pattern that typically resolves with a strong upward breakout. Analysts suggest a key resistance level at $3, with a successful breakout potentially leading to a target price of $5. This pattern aligns with broader bullish indicators, such as the token settling near the 100-day moving average and forming a falling wedge pattern. However, bulls must overcome resistance levels at $3.08, $3.40, and the July high of $3.66 to maintain the bullish trajectory. On the downside, support zones near the 100-day and 200-day moving averages remain critical for preserving the bullish structure [5].

Beyond technical indicators, XRP's fundamentals remain relevant in the broader cryptocurrency and banking sectors. Ripple’s XRP has been integrated into cross-border payment solutions via the On-Demand Liquidity (ODL) service, which leverages XRP to reduce settlement times and costs. While major global banks have not yet fully adopted XRP, institutions in Asia-Pacific and Latin America are increasingly utilizing the token for remittance corridors. RippleNet, the firm’s global payment network, has seen growing adoption, particularly in regions where traditional systems are costly or inefficient. The expansion of XRP’s use cases and partnerships could further reinforce its value proposition, especially as the company seeks regulatory clarity and national banking licenses [2].

The convergence of technical, regulatory, and market factors positions XRP as a potential high-growth asset in the near term. While the $3 price level is considered a conservative target, more optimistic scenarios suggest a path toward $5 or higher, particularly if ETF approvals and broader crypto adoption materialize. Investors are advised to monitor key resistance and support levels, along with regulatory developments, as these could significantly influence XRP’s trajectory. Given the combination of rare technical signals and favorable market conditions, XRP appears to be on a path that could redefine its price dynamics in the coming months [1] [3] [4].

Source:

[1] Ultra Rare Golden Cross XRP: What Does It Mean? (https://www.bitget.com/wiki/ultra-rare-golden-cross-xrp)

[2] Are Banks Using XRP? Unveiling the Truth in 2024 (https://www.bitget.com/wiki/are-banks-using-xrp)

[3] How High Will XRP's Price Go if All Ripple ETFs Are ... (https://cryptopotato.com/how-high-will-xrps-price-go-if-all-ripple-etfs-are-approved-in-2025-3-ais-give-big-predictions/)

[4] What's next for XRP price as ETF approval chances hit 87%? (https://crypto.news/whats-next-for-xrp-price-as-etf-approval-chances-hit-87)

[5] Classic XRP price chart pattern targets $5 as spot ETF ... (https://cointelegraph.com/news/classic-xrp-price-chart-pattern-5-spot-etf-reality-draws-closer)