XRP breaks $3 with whales accumulating 2.2 billion tokens in two weeks.
A rare golden cross reappears, historically linked to a 630% price surge.
Possible SEC settlement could spark massive bullish momentum for XRP.
Ripple's XRP recently pulled off something massive—and hardly anyone is giving it the attention it deserves. The digital asset cracked through the major $3 level, a resistance that had held firm since February. But this move isn’t just another spike in a volatile market. A powerful and rare technical signal has just flashed. The last time this same setup appeared, XRP didn’t just rise—it skyrocketed by 630%. Right now, bulls aren’t just interested. They’re locking in and getting ready for a potential historic rally.
https://twitter.com/ali_charts/status/1945752581432836159?t=4QRKM_7BP4NI2r25zmUATw&s=19 Golden Cross Sparks Bullish Frenzy
Currently trading at $3.19, XRP has surged more than 30% in the past week. That type of performance naturally turns heads. However, crypto analyst Ali Martinez noticed something far more significant—XRP’s MVRV ratio just formed a golden cross. This happens when the MVRV ratio moves above the 200-day moving average. In technical analysis, that’s a major bullish signal.
To put things in perspective, the last time XRP saw this pattern was in November 2024. Following that, the token’s price exploded by over 600%. Traders remember that run. And whales seem to be positioning for something similar. Over the past two weeks, they’ve accumulated 2.2 billion XRP tokens—roughly $7 billion based on current prices. That level of accumulation suggests they’re not gambling. They’re preparing. This kind of behavior doesn't happen by accident.
Legal Clouds Begin to Clear
While charts and volume fuel optimism, a legal breakthrough might become the true catalyst. Today, the SEC held a closed-door Sunshine Act meeting. The agenda mentioned “settlement and litigation resolutions,” which feels oddly specific considering Ripple’s recent legal steps. Back on June 27, Ripple announced it would drop its cross-appeal. That decision followed Judge Torres rejecting a joint settlement proposal.
Although the details remain sealed, many believe Ripple and the SEC could be nearing a quiet resolution. A settlement would not only lift a massive cloud over XRP—it could also restore confidence among hesitant investors. Market watchers know how fast sentiment shifts when legal uncertainty disappears. If the SEC backs off, even slightly, XRP could explode with renewed momentum. Beyond speculation, XRP’s chart shows strong bullish energy.
The price is pressing against the upper Bollinger Band, a sign of aggressive momentum. Resistance lies near $3.50, and if broken, could open the door for a sprint to $4. The Relative Strength Index stands at 85.5—usually considered overbought. But in a heated bull market, RSI can remain high for extended periods. Meanwhile, the MACD has crossed bullish, with the histogram expanding and the MACD line pulling away from the signal line. Even if XRP sees a minor pullback, the $2.80 level should provide strong support. Bulls have clear control, and indicators show no signs of slowing.
