Usman Salis
XRP just flashed a technical signal that's got traders buzzing. The cryptocurrency has confirmed a bullish MACD crossover on the 2-day chart - the same setup that triggered massive rallies of 64% in April and 92% in July.
Key Technical Levels to Watch:
Crypto analyst STEPH IS CRYPTO highlighted this development, and now everyone's wondering: is XRP about to do it again?
- Current Price: Consolidating around $3.00
- Resistance: $3.20-$3.30 zone needs to break for upside momentum
- Target: $4.00 mark becomes realistic on a confirmed breakout
- Support: Must hold above $2.60 to keep the bullish structure intact
The MACD Pattern That's Worked Before
This isn't just any technical signal - it's got a proven track record. On the 2-day timeframe, XRP's MACD line has crossed above the signal line, marking a shift toward bullish momentum. The last two times this happened, traders who paid attention made serious money. The April cross delivered 64% gains, while July's signal produced an even better 92% surge.
The timing feels right for another XRP breakout. Bitcoin has found some stability after recent volatility, and altcoins are starting to show signs of life again. XRP has a history of explosive moves when this MACD setup appears, which tends to attract momentum traders looking for the next big move.
If history repeats itself, XRP could be setting up for another 60-90% rally in the coming weeks. That would put the cryptocurrency well above $5 if the pattern holds. Of course, technical signals can fail, and macro conditions always matter. But the setup is undeniably bullish, and XRP has earned its reputation for sharp rallies when these crossovers appear.
The real question isn't whether momentum is building - the charts already show that. It's whether this marks the beginning of XRP's next major breakout phase.
Usman Salis
