Following the resolution of the Securities and Exchange Commission (SEC) case against Ripple, XRP is showing signs of a potential major price rally. On-chain data indicates that XRP’s Market Value to Realized Value (MVRV) ratio has formed a “golden cross,” a rare technical pattern where the short-term MVRV ratio surpasses its long-term 200-day moving average.
This pattern has historically preceded significant price surges for XRP. According to crypto analyst Ali Martinez, the last two times this golden cross appeared, XRP’s price increased by 630% and 54%, respectively. If the token were to replicate its best historical performance, its price could climb from its current $3.32 to over $24, potentially making it the second-largest cryptocurrency by market cap.
However, a potential warning signal has emerged from whale activity. Data from The Enigma Trader shows that the 90-day moving average of whale flow has turned negative, indicating that large holders are selling off their assets. This pattern is similar to one seen earlier in the year that led to a price correction. To sustain its rally, XRP needs a return to positive whale flows, with daily inflows of more than 5 million XRP.
The recent positive sentiment for XRP is tied to the official closure of the SEC case against Ripple. On August 7, both parties agreed to drop their appeals regarding the fine and the ban on institutional XRP sales. As of press time, XRP is trading at $3.32, and analysts believe holding above the $3.30 level is crucial for a push toward $3.50.
August 2025, Cryptoniteuae
