HomeCrypto NewsMarketXRP Soared 5x Within 2 Months When These MACD and Stoch RSI Signals Emerged

XRP Soared 5x Within 2 Months When These MACD and Stoch RSI Signals Emerged

Date:

Written By:

spot_img

Analyst JD anticipates a potential fivefold XRP surge, calling attention to the reappearance of extremely bullish MACD and Stochastic RSI signals.

XRP has drawn significant attention in recent days following a sharp rally and a breakout from a multi-month consolidation pattern. Over the past week, the asset surged from approximately $2.05 on May 7 to a peak above $2.60 on May 12. 

As of the latest readings, it has stabilized near $2.50. However, beyond price action, technical developments on higher timeframes and derivatives metrics suggest rising momentum.

Analyst JD Points to Repeat of Historical Pattern

One of the focal points in recent analyses comes from a chart published by a market analyst known as JD. The chart, which tracks the XRP/USDT pair on a 3-day timeframe, draws a comparison between the current setup and a price structure from late 2024. 

Image

During that period, XRP moved from $0.50 to $3.30 in roughly two months. Interestingly, JD highlights that the rally began when the MACD histogram turned green, alongside a Stochastic RSI crossover above the 80 level.

In a similar fashion, XRP’s price action recently broke out of a falling wedge—a chart formation defined by lower highs and relatively steady lows—following a prolonged consolidation.

The breakout is supported by key indicators. Notably, the MACD histogram flipped green again in early May 2025. The Stochastic RSI also crossed above 80, with both lines sustaining that level at press time.

This technical alignment mirrors conditions from the late-2024 surge, where identical indicator behavior preceded a near fivefold increase. Notably, a fivefold increase from the current $2.49 would take XRP to $12.45.

Buy When Jim Cramer Says Sell

A noteworthy point of caution is also included. JD urges traders to take calculated profits before the end of the cycle when “smart money” exits the market. The analyst emphasized that 95% of participants typically get “rekt” if they fail to exit in time. 

He also humorously suggested using mainstream sentiment as a contrarian indicator, referencing media personalities like Jim Cramer: when these figures are bullish, the analyst suggests it may be time to sell, and vice versa.

Derivatives Metrics Indicate Growing Bullish Bias

Alongside price and indicator signals, derivatives data is also bullish. According to Coinglass, XRP’s OI-weighted funding rate has maintained a consistently positive trajectory since the beginning of May. This marks a shift from April, where funding oscillated around neutral, including multiple dips into negative territory.

XRP Derivatives Data
XRP Derivatives Data

The steady increase in funding rates—remaining under the 0.015% level—suggests a rise in bullish sentiment without excessive leverage. This is important, as it reduces the risk of forced liquidations due to a long squeeze. The data implies that traders are increasingly favoring long positions but are doing so in a controlled manner.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

More from Author

Grayscale Withdraws Filing for Planned Spot Cardano ETF

Grayscale has withdrawn its registration statement for a planned spot Cardano ETF, ending its immediate push to launch a dedicated ADA investment product in...

XRP Whales Holding 10M to 100M Tokens Add 1.23B XRP in 2026 Despite 43% Price Crash

XRP has had a difficult 2026, with its price falling 43%. However, whales holding between 10 million and 100 million XRP have continued to...

Franklin, Bitwise Inject $3.45M Into XRP ETFs, Reversing First Outflow in a Month

U.S. spot XRP exchange-traded funds (ETFs) returned to positive territory, attracting $3.45 million in net inflows just one day after recording their first outflow...