TLDR:
- XRP price jumps 32% in a week, hitting $3.27 as trading volume rises to nearly $15B.
- Analysts cite bullish wave structure, pointing to $15 and possibly $30 macro targets.
- MVRV golden cross triggers, echoing a past setup that led to a 630% XRP rally.
- Market momentum and sentiment align, supporting the next phase of XRP’s price cycle.
The XRP price is back in the spotlight. After months of steady gains, the token has blasted through the $3 mark. Market activity has surged, with trading volume more than doubling in 24 hours. Bullish indicators suggest that XRP’s rally may just be getting started. Analysts now project macro targets well beyond current levels.
XRP Price Climbs as Volume Soars
At press time, XRP is trading at $3.27, up over 32% in the past week. Data from CoinGecko shows a daily price gain of 8.39%, while trading volume jumped 135% to nearly $15 billion. This spike in activity confirms renewed investor interest and strong momentum.
Such rapid increases in both price and volume are rare. The last time similar activity occurred, XRP began a multi-month uptrend. Analysts say this time could be no different.
Chart analyst Hov shared an update, noting XRP followed his predicted wave pattern exactly. According to his thread, XRP dropped to $1.80 earlier this year as part of a Wave 4 correction. Since then, it has surged over 100%.
Hov stated that XRP is now working through Wave 3 of a larger structure. If completed, Wave 5 could push XRP much higher. While $15 remains the current macro target, he mentioned that $30 is still on the table if momentum extends.
$XRP Macro Target
Our last macro update was back in January where we were looking for a move down into that 1.8 level before continuing higher (threaded)
We did exactly that. Perfect tap of our level for our Wave 4 and now up over 100%
I could literally thread a dozen entries… pic.twitter.com/t5R7l1Wfae
— Hov (@HovWaves) July 17, 2025
This suggests that XRP may only be halfway through its bullish cycle.
Technical Pattern Signals Further XRP Price Upside
Ali, another market analyst, pointed out a key technical indicator. XRP’s Market Value to Realized Value (MVRV) ratio just triggered a golden cross. This means the MVRV line crossed above its 200-day moving average.
The last time this signal appeared, XRP gained 630%. While history may not repeat exactly, it offers a strong technical case for continued upside. The MVRV golden cross reflects a market shift where buyers are now leading.
The last time the MVRV ratio flashed a golden cross, $XRP soared 630%. That signal just appeared again. pic.twitter.com/hatA0Jfvt2
— Ali (@ali_charts) July 17, 2025
XRP’s breakout above $3 wasn’t just a psychological milestone. It has drawn attention back to the token after a relatively quiet stretch. The alignment of technical patterns, high volume, and macro price targets paints a compelling picture.
Analysts caution that the road to $15 or $30 will come with volatility. However, the foundations are firm, and current trends show no signs of fading.
For now, XRP remains a standout performer in the crypto market, driven by structure, volume, and sentiment.
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The post XRP Price Update: Macro Targets of $15 to $30 in Play as Key Indicators Signal Further Upside appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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