XRP may be gearing up for significant upward movement according to analyst Ali Martinez. Current MVRV indicators suggest possible rallies ahead.
MVRV Signal as a Growth Indicator
Analyst Ali Martinez has spotted a bullish signal on the XRP chart – the MVRV golden cross. This signal has historically preceded significant XRP price rallies. The MVRV measures the current value of XRP relative to the average price paid by traders. A crossover with the 200-day moving average generally indicates incoming buyers.
Historical Data and Forecasts
The last occurrence of this signal was in November 2024, when XRP was priced around $0.49. It subsequently surged to $3.40 by January 2025, resulting in a 630% increase. Currently, the MVRV is at 78.42%, with the 200-day average at 54%. If this rally occurs again, XRP could potentially reach $25.
Comparison with Previous Rallies
Analyst Armando Pantoja also earlier stated that XRP could reach $25 in 2025 or 2026, though he emphasized that achieving such growth would require a large market cap of around $1.5 trillion. There are more cautious views as well, with some experts expecting a smaller increase of around 315%, potentially bringing the price to about $14.
XRP is showing strong momentum, and the return of the golden cross has traders closely watching the price movements. Future quarters will determine whether XRP can replicate its past successes.
