Here’s How High XRP Price Could Go as MVRV Ratio Flashes Another Golden Cross

The XRP price could record another massive surge in the coming weeks, as its MVRV ratio flashes another bullish golden cross.

Ali Martinez, a well-regarded market technician, called attention to this structure in one of his recent XRP analyses. Notably, Martinez’s commentary comes as XRP rides on the broader market rally to secure new seven-year highs above $3. The analysis suggests there may be more upside on the horizon.

XRP’s Previous Bullish MVRV Ratio Crossover

Specifically, Martinez highlighted the regular XRP MVRV Ratio and the 200-period Moving Average of the MVRV Ratio. For context, the MVRV Ratio compares a crypto’s market value to the average price holders paid for their coins. It helps show if the asset is overvalued or undervalued. 

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Meanwhile, the 200-period Moving Average (200 MA) of the MVRV is the average of the ratio over the past 200 days. Usually, market analysts use this MA to identify long-term trends and filter out short-term fluctuations.

Martinez’s analysis indicates that whenever the regular MVRV Ratio crosses above the 200 MA, it shows that the bulls are taking over, and a rapid price surge could follow. Notably, this pattern played out in Q4 2024, shortly after the November 2024 breakout that pushed XRP above the $1 and $2 psychological levels in one fell swoop.

Specifically, after the MVRV Ratio crossed above its 200 MA in early November 2024, XRP rode on the Trump-led market rally, reaching a peak of $3.4 in January 2024. Following a months-long consolidation phase, XRP has now recovered, hitting a local top of $3.6. This marked a 630% increase from the $0.49 price it traded at when the golden cross happened.

Golden Cross Occurs Again: How High Could XRP Run?

Data from Santiment shows that this golden cross has occurred again. In particular, the MVRV Ratio has spiked to 78.42%, while the 200 MA, despite also seeing an uptick, sits at 54%. With this recent bullish cross, XRP could now be eyeing a run similar to what it witnessed the last time.

Currently trading for $3.45 at press time, if XRP secures a similar 630% rise from this level, its price will soar to $25. Interestingly, market pundit Armando Pantoja predicted in February that XRP could reach a maximum target of $25 in 2025 or 2026, dismissing market cap concerns. For context, at $25, XRP’s market cap would sit at $1.5 trillion.

However, with the law of diminishing returns, supposing the latest golden cross leads to half of the previous crossover’s uptick, XRP could see a 315% rise. Notably, such an increase from the current price would push prices to $14. This is the minimum target market analyst JD set for XRP.