XRP Price Prediction: Golden Cross Signal Points to a New Run From $0.5029 to $3.388

According to Dark Defender's 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.

Ripple’s token XRP rose to $2.44 on Thursday, climbing 1.80% in under three hours.

Those who thought the rally was over got a surprise as traders discussed a fresh push above the $3.4 barrier. According to Dark Defender’s 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 pattern, a move to $5.85 isn’t out of reach.

XRP Price Moves

Based on on-chain data from crypto analytics firm Bitscreener, XRP bounced between $2.36 and $2.44 over the past day. Volume picked up as Bitcoin climbed.

At press time, XRP is trading 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.

Bitcoin’s New High

Last week, Bitcoin surged past $109,000—its 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’s a bold claim, but the timing does feel ripe.

According to Polymarket, there’s an 83% chance the SEC will approve an XRP ETF by December 2024. 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.

Whales And Wider Trends

Whale wallets keep accumulating XRP, which is contributing 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’s favor.

What Comes Next

A break above $3.4 would set a new cycle high. Hitting $5.80 would mean doubling today’s price. It won’t 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—but they’ll need patience too.