Ripple (XRP) Signals Bullish Move After Gold Ratio Reset

Ripple’s native cross-border token has returned to a support level in its ratio against gold that has previously aligned with major reversals. The move comes with technical signals pointing to slowing downward pressure.

XRP/Gold Ratio Returns to Historic Support

Analyst Steph Is Crypto shared that the XRP/XAU ratio is now sitting on a historic support area. This same level marked the start of large moves in past cycles — including gains of 800% in 2020, 120% in 2022, and 530% in 2024.

The RSI is currently oversold, suggesting that the downward momentum may be fading. The chart focuses on XRP’s performance relative to gold, not its dollar value. Historically, when XRP reached this point against the precious metal, prices shifted back upward.

At the press time, XRP is trading at $2.15, which is 4% higher than its position 24 hours ago, but remains 6% lower than it was 1 week ago. The asset rose from $2.05 to $2.17, breaking above the $2.14 level after several failed attempts. The move also saw an increase in volume, which indicated high purchasing interest.

At the same time, spot XRP ETFs saw renewed inflows. On Monday, they brought in $15.04 million, followed by $12.98 million on Tuesday. Meanwhile, XRP balances on exchanges remain near multi-year lows, which can increase volatility when new demand enters the market.

Technical Structure Remains Bullish

Analyst EGRAG CRYPTO reported that XRP is compressing within a descending channel on the 3-day chart, nearing a key area between $2.30 and $2.40. They noted, “A clean 3D close above $2.40 likely confirms breakout,” which could lead to moves toward $2.70 and $3.13.

XRP stands above the 50 and 200 EMAs. The 50 EMA is flattening, whereas the 200 EMA remains upward sloping. The price strength above these indicators implies that the larger trend is stable, and the key support is $2.00 in the meantime.

Concurrently, CW, another market analyst, shared that XRP has broken out of a large triangle pattern and entered a neutral phase. “The rally is only just beginning,” they said, pointing to the $3.65 all-time high as the next major level.

According to long-term chart patterns, XRP may now be in Phase 4 of its cycle. Previous transitions into this phase led to multi-month price increases. If the current structure holds and XRP clears the ATH, the next upside target could reach $22, based on Fibonacci projections.

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