XRP Golden Cross, Institutional Buys Aim at $3.50 Breakout

Published: 2025-07-23 20:33:37 |

XRP has rebounded past its previous all-time high and formed a bullish Golden Cross as the 50-day moving average crosses above the 200-day MA, despite a minor 7% pullback to $3.30. The token is consolidating just below a long-term diagonal resistance at $3.50—a level that capped the 2017–2018 bull run—and key indicators like an RSI of 68.7 and a positive MACD histogram confirm sustained trend strength. Broader market support from Bitcoin holding above $117,000, improved on-chain metrics, and Ripple’s RLUSD stablecoin launch reinforce the technical setup. Institutional adoption is rising, with Nature’s Miracle Holding deploying a $20 million XRP treasury program and Brazil’s VERT issuing BRL 700 million on the XRP Ledger. XRP’s market cap stands at $194.17 billion with $9.24 billion in 24-hour volume, and social sentiment remains 83% positive. Immediate support resides at $3.22, stronger at $3.10–$3.20 and the 20-day EMA at $3.00, while resistance lies between $3.55 and $3.70 and a psychological barrier at $4.00. A daily close above $3.50 could trigger a rapid rally toward Fibonacci extensions at $7–$9. Over the next 90 days, an SEC settlement and ETF approvals could drive XRP to $4.50–$5.00 (50% probability), with a 35% chance of 4–6 weeks of consolidation between $3.10 and $3.60 or a 15% chance of a deeper pullback to $2.80–$2.90. Traders may view the Golden Cross and institutional buys as optimal accumulation signals ahead of regulatory clarity.

Bullish

This news is bullish for XRP. In the short term, the Golden Cross and consolidation below the $3.50 resistance, backed by strong RSI and MACD, suggest a high probability of a breakout to $3.55–$4.00. Immediate support levels at $3.22, $3.10–$3.20, and the 20-day EMA at $3.00 reduce downside risk. Institutional treasury programs and major token issuances on the XRP Ledger increase demand and market stability. In the long term, a successful daily close above $3.50 could trigger a rapid rally toward the $7–$9 Fibonacci extensions. Potential SEC settlement and ETF approvals over the next 90 days present catalysts for a move to $4.50–$5.00 with a 50% probability, while consolidation or a modest pullback remain lower-probability scenarios. Overall, technical momentum combined with institutional adoption points to continued upside.