{"id":4923,"date":"2025-05-23T18:13:09","date_gmt":"2025-05-23T18:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/xrps-5-dream-ride-hinges-on-this-one-chart-setup-analyst\/"},"modified":"2025-05-23T18:13:09","modified_gmt":"2025-05-23T18:13:09","slug":"xrps-5-dream-ride-hinges-on-this-one-chart-setup-analyst","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/xrps-5-dream-ride-hinges-on-this-one-chart-setup-analyst\/","title":{"rendered":"XRP\u2019s $5 Dream Ride Hinges On This One Chart Setup \u2013 Analyst"},"content":{"rendered":"<p>Ripple\u2019s token <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">XRP<\/a> jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play.<\/p>\n<h2><strong>Golden Cross Signal<\/strong><\/h2>\n<p>According to Dark Defender\u2019s post on X, a golden cross formed on the weekly RSI back on November 4, 2024. That same signal came before a run from $0.5029 to $3.388. Some believe history could repeat itself this time. If traders follow the <a href=\"https:\/\/x.com\/DefendDark\/status\/1925605934988161178?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">pattern<\/a>, a move to $5.85 isn\u2019t out of reach.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/WKE4myKp\/\" width=\"1835\" height=\"884\" \/><\/p>\n<h2><strong>XRP Price Moves<\/strong><\/h2>\n<p>Based on on-chain data, XRP has bounced between $2.36 and $2.44 over the past day. Volume picked up as Bitcoin climbed. Right now, XRP sits at $2.445, up 0.83% in the last 24 hours. Breaking $3.33 would erase its 90-day slide of 5.62%. Clearing that level could clear the way for bigger gains.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">On 4 November, <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#XRP<\/a> had a Golden Cross Signal on weekly RSI.<\/p>\n<p>We warned in October.<\/p>\n<p>Today, XRP RSI has produced the same signal after 200 days!<\/p>\n<p>XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85\u2026 <a href=\"https:\/\/t.co\/SthErQvaJE\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/SthErQvaJE<\/a><\/p>\n<p>\u2014 Dark Defender (@DefendDark) <a href=\"https:\/\/twitter.com\/DefendDark\/status\/1925605934988161178?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><strong>Bitcoin\u2019s New High<\/strong><\/p>\n<p>Last week, <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> surged past $109,000\u2014its highest mark ever. That jump has lifted many altcoins, and XRP is no exception. Another analyst pointed out that Bitcoin rose from $27k to $74k over about two years, while XRP could match that rise in a much shorter span. It\u2019s a bold claim, but the timing does feel ripe.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-757350 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/a_0ae195.png?resize=1024%2C588\" alt=\"\" width=\"1024\" height=\"588\" \/><br \/>\n<strong>ETF Approval Odds<\/strong><\/p>\n<p>Based on prediction by <a href=\"https:\/\/polymarket.com\/event\/ripple-etf-approved-in-2025?tid=1747990815484\" target=\"_blank\" rel=\"noopener nofollow\">Polymarket<\/a>, there\u2019s an 83% chance the SEC will approve an XRP ETF. Big names like Bitwise and Grayscale have filings in play. If those get the green light, institutional flows could pour in. Some US-listed leveraged XRP futures already trade heavily, showing strong demand.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-757356 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/a_3208c5.png?resize=973%2C503\" alt=\"\" width=\"973\" height=\"503\" \/><br \/>\n<strong>Whales And Wider Trends<\/strong><\/p>\n<p>Whale wallets keep accumulating XRP, adding to the buzz. Every time large holders buy, prices tend to spike. At the same time, broader market mood matters. If Bitcoin pulls back, altcoins often follow. But right now, the tide seems to be turning in XRP\u2019s favor.<\/p>\n<p><strong>What Comes Next<\/strong><\/p>\n<p>A break above $3.4 would set a new cycle high. Hitting $5.80 would mean doubling today\u2019s price. It won\u2019t be easy. Traders will watch RSI, moving averages, and whale activity closely. Regulatory news on the ETF front will be crucial. For now, XRP bulls have reasons to cheer\u2014but they\u2019ll need patience too.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2019s token XRP jumped to $2.44 Thursday, climbing 1.80% in under three hours. Traders who thought the rally was over got a surprise. Suddenly, talk of a fresh push above the $3.4 barrier is back in play. Golden Cross Signal According to Dark Defender\u2019s post on X, a golden cross formed on the weekly RSI&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4924,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[638],"tags":[94,34,56,36,44,218,40],"class_list":["post-4923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-bitcoin","tag-crypto","tag-ripple","tag-sec","tag-xrp"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4923"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4924"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}