Recent market signal analysis suggests that the cryptocurrency XRP may be preparing for another surge following a bullish MVRV reading.
Understanding the MVRV Golden Cross
The MVRV ratio compares an asset’s total market value with the average cost basis of all tokens in circulation. Analysts use it to assess whether a cryptocurrency is trading above or below its aggregate acquisition price, helping to gauge potential overvaluation or undervaluation. A golden cross in this context occurs when the short-term MVRV surpasses the long-term MVRV, often appearing during rapid price movements.
Historical Patterns Since November 2024
According to analyst Ali Martinez, this signal has preceded notable price increases for XRP in recent history. The first occurrence appeared in early November 2024, shortly after the U.S. presidential election, when XRP rose sharply, moving past key resistance levels at $2 and $3, delivering a gain of approximately 630%. The second golden cross materialized in early July 2025, with XRP climbing about 54% before reaching $3.66 by mid-July.
Current Market Position and Potential Scenarios
The latest golden cross emerged earlier this month during XRP’s recovery from a decline below $3. At the time of reporting, XRP is valued at $3.32. If price action mirrors the November 2024 rally, a similar 630% gain would place XRP near $24. However, following the July 2025 pattern would imply a smaller but still significant increase of 54%, bringing XRP to approximately $5. A third scenario considers the average of the previous two rallies, amounting to a 342% increase, which would make XRP around $14.40.
Historical data indicates that the MVRV golden cross signal has been a reliable indicator for XRP over the last year. Given the current market conditions, traders and investors will be closely monitoring any potential price movements in the future.
