XRP Explodes For 32% Weekly Rally To Form A Golden Cross: All-Time Highs Soon?
XRP (CRYPTO: XRP) is turning heads once again as bullish technical signals and major fundamental developments align raise the probability of a massive rally.
Trader Notes: Crypto chart analyst Ali Martinez has pointed out that XRP's MVRV ratio has just flashed a golden cross, a rare bullish signal.
The last time this happened, XRP skyrocketed 630%.
GalaxyBTC observes XRP being on the verge of breaking its all-time high for the first time since 2017, entering price discovery mode, a condition that often precedes major rallies.
Pentoshi notes XRP has held up exceptionally well for 7 months, while many other altcoins broke down. Now, it’s consolidating just below a critical breakout zone with virtually no historical resistance ahead.
Multiple tailwinds are stacking up for XRP:
- Ripple's stablecoin launch and potential bank license approval.
- Reports that the SEC lawsuit could be dropped soon.
- Ongoing speculation of a possible XRP ETF.
- The Genius Act is on the verge of passing.
Statistics: Martinez reports whales scooping up 2.2 billion XRP in the last two weeks — a sign of strong accumulation.
Coinglass data shows XRP open interest spiked 13.9% to its new all-time high of $9.91 billion, while derivatives trading volume expanded 121.7% in a single day.
Liquidations in the past 24 hours stood at $43.5 million, with $28.08 million in short liquidations.
Community News: Ripple revealed a major partnership with Ctrl Alt, a leading tokenization infrastructure firm.
Ctrl Alt will use Ripple's institutional-grade digital asset custody technology to secure the Dubai Land Department's Real Estate Tokenization Project.
That means tokenized title deeds stored securely on the XRP Ledger, a major milestone in real-world asset (RWA) adoption and Dubai's crypto leadership.
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Posted-In: Cryptocurrency News