XRP Awaits Key Golden Cross Signal Amid $3B Trading Volume

XRP is showing renewed strength as trading volume increases and several technical signals draw attention from analysts. After holding above $2.20 for two consecutive days, the token has climbed to $2.32, its highest level in weeks. With daily trading volume nearing $3 billion, market momentum appears to be building.

Also, there’s a chance of a golden cross forming, which might mark the start of a steady rally. That said, key support levels remain critical, and many traders remain cautious even as things look promising.

RSI Supports Gradual Growth

Despite the excitement around XRP's potential golden cross, the Relative Strength Index (RSI) is offering a more tempered view. Currently sitting at 61.6, XRP’s RSI places the asset comfortably in neutral territory. That’s a range where neither buyers nor sellers hold a clear advantage, which can be both reassuring and frustrating depending on your position.

Traders typically consider an RSI above 70 as overbought, signaling a possible correction, while a reading below 30 suggests oversold conditions and potential for a rebound. XRP hovering between 55 and 70 in recent days points to a balanced market dynamic. This keeps the door open for further gains without sounding alarm bells about a short-term top.

During solid upward moves, it’s not unusual for the RSI to hang out above 60 for a while. So, a reading like 61.6 can actually reflect moderate bullishness that still has room to run. In XRP’s case, it points to steady momentum, not overbought conditions.

XRP Showing Positive Short-Term Signs

Looking at XRP with the Ichimoku Cloud offers a positive outlook. The price candles are currently above both the Tenkan-sen (red line) and Kijun-sen (blue line), which is a bullish sign. Additionally, the faster-moving Tenkan-sen being above the Kijun-sen supports a likely upward trend in the short to mid term.

The cloud, made up of Senkou Span A and B, has also shifted in favor of XRP. A green cloud above the current price typically indicates ongoing buying pressure. Even the cloud’s future projection is turning green, which suggests momentum could continue.

This setup is more than just a visual cue. A thick, rising green cloud usually acts as support, helping protect against sudden drops. For XRP, this could mean a smoother price movement as long as the cloud keeps expanding.

However, if the price falls into the cloud or below the baseline lines, it would weaken the bullish outlook. For now, the Ichimoku indicators suggest XRP might be entering the early phase of an uptrend.

XRP Approaches Golden Cross Formation

One of the most closely monitored technical indicators currently is the possible golden cross happening on XRP’s Exponential Moving Averages (EMAs). This pattern emerges when a short-term EMA moves above a long-term EMA, suggesting growing upward momentum.

While it hasn’t been confirmed yet, the setup is approaching. If XRP can break through resistance at $2.35, that may be the catalyst to complete the golden cross. From there, upside targets could extend to $2.47, and possibly $2.65, assuming volume stays elevated and broader market sentiment holds.

However, there are still risks. There’s a key support zone at $2.26. If XRP fails to hold that level, especially after testing it on high volume, a reversal could send the price tumbling toward $2.05. That would effectively cancel out the bullish setup and return the asset to a more uncertain technical position.

It’s also important to recognize that golden crosses don’t guarantee immediate gains. In volatile markets, they can be false signals or delayed reactions. Still, in combination with rising volume, neutral RSI, and a supportive Ichimoku structure, this one has traders paying close attention.

The Future Outlook for XRP

XRP is showing signs of measured optimism as it moves toward a likely golden cross, accompanied by rising trading volume. Momentum indicators reflect steady growth, although traders are closely observing key support and resistance areas that may affect future price action.

Should this trend continue and the broader market remain positive, XRP could break free from the $2.00–$2.30 zone and step into a new trading range. However, it’s important to stay cautious, as the market can be unpredictable despite positive signals.