XRP, Deja Vu Before a Surge in 2025...Is a Second $3.66 Rally Starting?

▲ XRP/ChatGPT Generated Image

XRP is stimulating market optimism by replicating key technical indicators that appeared before past price surges.

According to The Crypto Basic, a cryptocurrency media outlet, on May 1 (local time), virtual asset analyst Cryptoinsightuk stated in a recent analysis that positive trend reversal signals have been detected in the current XRP market.

From a technical perspective, the most notable indicator is the maintenance of a bull flag pattern on a weekly basis. This pattern, formed after a high of $3.39 recorded in January 2025, has shown price fluctuations between upper resistance and lower support. XRP broke through the bull flag in early July 2025, surging to its then-all-time high of $3.66. Despite recent price corrections, XRP has maintained its trend above the upper boundary of the bull flag, preserving momentum for further gains.

Bullish reversal signals were also confirmed in the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicator. In mid-April, the weekly RSI recorded 36, creating a golden cross by breaking above its moving average of 33.24. Cryptoinsightuk explained that the last time such an indicator crossover occurred was in July 2025, when it hit an all-time high. The current RSI level is lower than during the past rally, suggesting ample room for future price increases. Concurrently, on the weekly chart, the MACD histogram gradually turned green, indicating a return of buying pressure.

Recent remarks by Ripple CEO Brad Garlinghouse are also adding to market expectations. On April 28, CEO Garlinghouse commented "lock in" on a post by the virtual asset exchange OKX. Garlinghouse used the same phrase on June 27, 2025, when announcing news related to the SEC lawsuit. Given that a bull flag breakout and RSI crossover followed his remark at that time, investors are taking this as a precursor to a significant price increase.

Aggressive accumulation by large investors has also been confirmed. Whale investors have bought 1.15 billion XRP from the market in the past 11 days. The combination of improved technical indicators, executive remarks, and favorable supply-demand conditions is fueling expectations for a new upward rally in the XRP market.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*