XRP, Deja Vu Before a 2025 Surge...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 specialized media outlet, on May 1 (local time), virtual asset analyst Cryptoinsightuk stated through 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 weekly bull flag pattern. This pattern, formed after reaching a high of $3.39 in January 2025, has shown price fluctuations between upper resistance and lower support. XRP experienced a surge to an all-time high of $3.66 in early July 2025 after breaking out of the bull flag. Despite recent price corrections, XRP has maintained its trend above the bull flag's upper boundary, preserving momentum for further upside.

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 XRP reached its 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. Garlinghouse commented "lock in" on an OKX virtual asset exchange post on April 28. Garlinghouse also used the same phrase on June 27, 2025, when announcing news related to the SEC lawsuit. Given that a bull flag breakout and an RSI crossover followed his statement at that time, investors are taking this as a significant precursor to price appreciation.

Aggressive accumulation by large investors has also been confirmed. Whale investors have bought 1.15 billion XRP from the market over the past 11 days. With improved technical indicators, executive statements, and favorable supply-demand conditions aligning, prospects for a new bullish rally are spreading in the XRP market.

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