XRP news today: XRP's Technical Indicators Suggest 500% Price Surge
1min read XRP, the cryptocurrency, has been the subject of intense speculation due to the alignment of two critical technical indicators. According to a prominent market analyst, jd, the last time these indicators flashed, XRP experienced a fivefold increase within a matter of weeks. The indicators in question are a green flip in the MACD histogram and a Stochastic RSI (SRSI) cross above 80 on the 3-day chart. These conditions were present before XRP surged from around $0.6 in November to $3.39 in January, following Donald Trump’s election victory and the resignation of the former SEC chairman.
Currently, the MACD histogram has flipped back to green, and the srsi is approaching a critical juncture, nearing a cross above the key 80 level on the 3-day timeframe. If confirmed, this would mirror the conditions that previously led to explosive price action. XRP has been consolidating within a falling wedge pattern since early 2025, with gradually declining highs and higher lows converging toward a breakout point. The recent price action suggests that XRP is nearing the wedge’s apex and has broken above the upper trendline of this pattern. If it can sustain its price above this crucial level, a massive breakout for the digital asset is expected.
When the chart was shared, XRP was trading around $2.2. The lower boundary of the wedge has acted as consistent support, while resistance has been gradually declining, forming a compressive price structure. The chart’s breakout projection points toward a significant move, with a large arrow implying potential continuation beyond the previous all-time high of $3.84. Applying the same 5x increase to the asset’s price means it could climb as high as $11. The focus is whether the SRSI can print a successful cross above the 80 level. While the MACD histogram has already turned green, the SRSI confirmation could be the final piece needed to validate a bullish breakout. Traders monitoring XRP’s 3-day chart may look to this signal for confirmation.
It is important to note that the cryptocurrency market is notoriously volatile, and past performance is not indicative of future results. While the convergence of these technical indicators is a bullish sign for XRP, it is not a guarantee of future gains. Traders and investors should exercise caution and conduct their own research before making any investment decisions. The views expressed in this analysis may include the author’s personal opinions and do not represent any official opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk.
