XRP: Cryptocurrency About to Explode? Analyst Highlights Rare Signal in RSI
The cryptocurrency XRP may be preparing for an explosive movement, according to a technical analysis published this Thursday (22) by the profile @DefendDark, known on X (formerly Twitter) for his history of projections focused on XRP. The analyst highlighted the formation of a rare Golden Cross on the weekly Relative Strength Index (RSI) — a signal that, historically, usually precedes strong upward movements.
“On November 4th, #XRP had a Golden Cross signal on the weekly RSI. We warned in October. Today, XRP’s RSI produced the same signal after 200 days!”, wrote the profile. According to him, the cryptocurrency may be starting a new appreciation cycle, with an immediate target of US$ 3,33, and a more ambitious projection for the region of US$ 5,85.
This type of crossover, the Golden Cross, occurs when a short-term average indicator crosses above a long-term indicator — in this case, the RSI — signaling that buying momentum is consistently gaining traction. When it appears on weekly charts, as in this case, the signal tends to have greater relevance in the long-term context.
On 4 November, #XRP had a Golden Cross Signal on weekly RSI.
We raised in October.
Today, XRP RSI has produced the same signal after 200 days!
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… pic.twitter.com/SthErQvaJE
— Dark Defender (@DefendDark) May 22, 2025
The analysis suggests that after a long consolidation, XRP may be about to “fire the bullet,” in the author’s own words, before encountering considerable resistance in the $5,85 region. “Our targets are clear. On to victory!” he added.
XRP has been one of the most closely watched cryptocurrencies on the market, especially after recent legal advances in the US involving Ripple. With the return of optimism and increased volume in recent weeks, the eyes of traders and investors are focused on the asset's technical behavior.
The price of XRP is currently hovering around $2,42, and a potential move towards the $3,33 range would represent a significant increase from current levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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