XRP’s chart just lit up with signals traders haven’t seen in years. Could history be repeating?

XRP’s MVRV golden cross, improved NVT Ratio, and short squeeze data support a bullish case. A break above $3.46 could mirror past rallies, but sustained buying remains essential for continuation.

Ripple’s [XRP] MVRV ratio has once again flashed a golden cross, a rare technical event that historically preceded rallies of 630% and 54%. 

This metric tracks the relationship between market value and realized value, helping gauge undervaluation or overvaluation. 

At press time, XRP traded at $3.32, holding above key supports. Naturally, the reappearance of this rare signal has bolstered bullish sentiment, especially with technical momentum and on-chain metrics showing improvement.