XRPJPY Rises 12.28% in 24 Hours Amid Strong Bullish Momentum

On SEP 6 2025, XRPJPY rose by 12.28% within 24 hours to reach $415.9, XRPJPY rose by 236.04% within 7 days, rose by 165.49% within 1 month, and rose by 2691.73% within 1 year.

The asset has demonstrated a clear and sustained upward trajectory, with key technical indicators aligning with the recent breakout. The 50-period and 200-period moving averages have both been crossed from below, indicating a potential continuation of the bullish trend. This formation often signals a shift in momentum, as short-term and long-term averages converge on the same directional bias. Traders have noted the absence of bearish divergences, which has contributed to the confidence in the current move.

In addition to moving averages, the Relative Strength Index (RSI) has shown a strong increase, entering overbought territory for the first time in recent cycles. While this may suggest a short-term correction, the RSI has yet to display bearish divergence, reinforcing the view that the current rally could persist. On-chain activity has also aligned with price action, with a notable increase in large wallet inflows and a reduction in short-term selling pressure. These metrics indicate that accumulated buying interest has taken precedence over short-term volatility.

The Backtest Hypothesis section considers how these indicators could be used to form a systematic trading strategy. The approach is built on the assumption that a confluence of moving average crossovers and RSI confirmation can generate reliable signals. Historical tests suggest that entries following a 50/200 EMA crossover, combined with RSI above 50, have produced statistically favorable results. This is further supported by volume profiles showing increased participation during bullish phases. The test aims to validate whether the current pattern mirrors past successful setups, thereby justifying a continuation of the upward movement.