XRP's Golden MACD Cross Imminent, Analyst Says Major Rally Possible
XRP is on the verge of a significant technical signal, according to analyst Steph Is Crypto. The MACD indicator on the two-week timeframe is about to flash a golden cross, where the blue line crosses above the red signal line from bearish territory.
This crossover has only appeared twice in XRP's recent history, and both times it preceded a significant rally. In September 2022, XRP printed a golden MACD cross at approximately $0.53, just before climbing to a peak of $3.65 in 2025. The second instance came in October 2024, when the same crossover occurred just before a 500% rally.
The analyst believes that if XRP holds above its EMA ribbons in the $1.60 to $1.70 range and confirms the golden MACD cross on the two-week chart, it could trigger a major run for XRP comparable to what the asset produced in late 2024. However, price needs to close and hold above $1.60 on at least one weekly candle for the bullish case to remain intact.