XRP Witnesses Another MVRV Golden Cross Amid Price Steadiness Above $3.30: What's Up Next?
In the crypto market, XRP (Ripple) has seen significant price rallies following MVRV golden cross events, a notable on-chain indicator that signals strengthening investor profitability and market momentum.
The latest MVRV golden cross occurred in mid-July, and historical data suggests that this bullish signal could lead to further upside potential. The first MVRV golden cross in early November 2024 preceded a massive XRP price surge of approximately 630%, during which XRP broke through key psychological price levels like $2 and $3. The second golden cross in early July 2025 led to a more moderate but still substantial rally of about 54%.
The MVRV ratio, which compares XRP’s market value against its realized value (the average purchase price of coins), experienced a breakout from an extended consolidation pattern in August 2025. This event, with its short-term moving trend crossing above the 200-day average, is a strong indication of a bullish market phase.
As of the current market action, XRP is trading at $3.31, marking a 12.69% gain over the past week. Despite a decrease in daily trading volume by 36.62% in the current week, the MVRV ratio remains above its 200-day average, sustaining elevated price levels after the latest crossover.
Market analysts consider this on-chain indicator as a predictive tool, although they caution that past performance does not guarantee future results. Some forecasts extrapolate a potential price target as high as $22 by late 2025 if the largest historic pattern repeats, though conservative scenarios place targets between $7 and $11.
The MVRV ratio's steady build-up led to a steep climb in XRP's price through December 2024. From December to late January, the MVRV ratio remained volatile, moving in wide swings while XRP's price recorded sharp peaks and pullbacks. Early August brought a mild retracement in both measures, but levels remained above those seen in prior months.
The price action matched this movement, reinforcing the connection between the two metrics. Price levels remain elevated, with the MVRV ratio holding above its long-term trend line. In previous cases, each occurrence of an MVRV golden cross preceded an upward movement in XRP's price. The July 2021 signal mirrors earlier patterns in both timing and price reaction.
The first MVRV golden cross for XRP occurred in late November, followed by a notable price increase, pushing XRP above the $3.30 level. From February through June, the MVRV ratio stayed mostly below the 200-day average, reflecting a slower market phase with limited directional movement.
In conclusion, the MVRV golden cross event serves as a noteworthy bullish signal in Ripple’s recent market cycles, having previously triggered price rallies of approximately 630% and 54%. While past performance does not guarantee future results, the latest MVRV golden cross in mid-July suggests conditions reminiscent of these prior breakouts, supporting expectations of further upside potential for XRP.
- The MVRV golden cross event, an on-chain indicator suggestive of strengthening investor profitability and market momentum in the cryptocurrency market, has previously led to significant price rallies in XRP.
- Market analysts considering the MVRV ratio as a predictive tool are anticipating potential price targets as high as $22 by late 2025, if the largest historic pattern repeats, demonstrating the potential for investing in cryptocurrency, such as XRP, based on this on-chain indicator.
