✨ XRP Golden Cross Emerges — Could History’s Massive Gains Repeat?

The price of XRP has been going up a lot over the last few weeks, making it the third-largest cryptocurrency by market cap. It is one of the top gainers among large-cap assets, with its value going up by double digits in the previous seven days.

The price of XRP appears to be at the start of what seems like an even bigger upward trend, which is interesting. The quickly improving fundamentals of cryptocurrencies around the world, but especially in the United States, make this positive setup even stronger.

This positive prediction is based on the MVRV (Market Value to Realized Value) Ratio, which looks at whether a cryptocurrency (XRP, in this case) is worth more than it is. Martinez said that the cryptocurrency may be back on its bullish track after the MVRV ratio crossed the 200-day simple moving average (SMA) in a golden cross.

In technical analysis, a golden cross is usually an indication that the market is going up when a short-term moving average (MVRV ratio) crosses over a long-term moving average (200-day moving average). XRP pricing has done some intriguing things the past two times this golden cross happened.

The most recent on-chain data shows that the price of XRP shot up 600% and 60% the past two occasions the MVRV ratio showed this golden cross. If history is any guide, this signal coming back might mean that the third-largest cryptocurrency will have a longer rise.

There is no doubt that the better conditions for cryptocurrencies in the US might help the XRP token keep going up in value for a long time. Also, the start of an altcoin season makes it more likely that XRP's price will rise quickly over the next few months.

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