Key takeaways:
XRP’s rally is well-positioned to reach $3.98–$4.32 this month following a golden cross in the RSI.
Profit-taking remains limited, indicating stronger holder confidence ahead of the ETF decisions in October.
XRP (XRP) has reclaimed the crucial $3 mark, igniting speculation about a potential significant move. A recurring technical signal on its multiday chart bolsters this optimistic outlook.
RSI golden cross indicates a potential 30%-40% rise for XRP
The 3-day relative strength index (RSI) for XRP has just produced a golden cross, with the indicator surpassing its 14-period moving average, suggesting a momentum shift favoring the bulls.
For example, XRP’s price surged over 75% a month following the RSI golden cross in June. Likewise, it increased by more than 28% last April and an astonishing 575% in November of the previous year after similar crossover occurrences.
The latest crossover appears as XRP tests support at its 50-period exponential moving average (EMA), a level that has consistently aligned with previous rallies following RSI golden crosses.
The combination of the $3 breakout, 50-period EMA support, and the RSI crossover enhances XRP’s prospects of climbing toward the 1.0 Fibonacci retracement level at $3.39 in October, marking an 11% increase from current levels.
The XRP/USD pair might continue to rise toward the 1.618 Fibonacci extension level near $4.32, which would signify around a 40% increase by October or November if it decisively closes above $3.39.
Related: XRP price: October poised to be the most bullish month of 2025
In another positive setup, a descending triangle breakout indicates a target of $3.98 — a 30% increase from current prices — as XRP breaches the pattern’s upper trendline, further supporting the RSI golden cross signal.
XRP profit-taking shows reduced intensity
The recent climb above $3 for XRP has not elicited the extreme profit-taking usually seen at market peaks, as evidenced by on-chain data.
The percentage of supply in profit — the share of circulating XRP trading above its cost basis — has remained high and relatively stable since the November 2024 breakout, according to Glassnode.
In prior cycles, spikes toward 90% to 100% profit levels often coincided with rapid sell-offs and steep declines. However, this time, XRP holders seem to be exercising greater patience.
This stability implies that long-term investors are less inclined to sell in the immediate future, reflecting stronger confidence in the ongoing trend, particularly in light of upcoming XRP ETF decisions in October.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
