XRP Price Prediction: Golden Cross and Long-Term Holder Data Hint at Explosive Pump
XRP may be gearing up for a major move, as long-term holders begin stockpiling the token again after weeks of profit-taking and selloffs.This shift in investor behavior arrives just as XRP posts a 10% weekend rebound fro...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
XRP may be gearing up for a major move, as long-term holders begin stockpiling the token again after weeks of profit-taking and selloffs.
This shift in investor behavior arrives just as XRP posts a 10% weekend rebound from a monthly low of $2.05, flipping bearish sentiment and reigniting bullish XRP price prediction debates.
While macro conditions—ranging from U.S. trade tensions to labor market weakness—still weigh on the market, XRP’s renewed accumulation trend could hint at a breakout brewing beneath the surface.
Long-Term Holders Show Signs Of AccumulationAccording to Glassnode data, XRP liveliness—the ratio of coin days destroyed to the total coin days accumulated—slipped from 1% on June 5 to 0.809 by the end of the weekend on June 8.
XRP liveliness. Source: Glassnode.This decline points to a growing trend of HODLing and potential accumulation, as long-term holders opt not to move or spend their XRP.
That conviction is echoed in the derivatives market. Coinglass reports that XRP has maintained a consistent positive funding rate since June 6, currently sitting at 0.0106%.
XRP OI-Weighted Funding Rate. Source: Coinglass.A positive funding rate reflects long dominance in the market, where short sellers are paying to hold their positions—another strong indicator of bullish sentiment building behind XRP.
XRP Price Analysis: What do Long-Term Holders Know?The late week rally affirms the breakout path of a bullish 6-month pennant pattern, narrowly avoiding invalidation with a bounce from its upper boundary as support.
While post-breakout momentum had waned, slipping into a falling wedge over the past month, the recent bounce has cleanly broken that consolidation range.
This comes as the RSI breaks back above the neutral line at 51 after a stint in bearish territory, a sign that sellside pressure has cooled.
The 3-day MACD line tells a similar story, on track to surpass the signal line in a golden cross. This formation suggests that buyers are starting to overwhelm sellers.
Notably, this crossover has already played out on the 1-day chart. The fact that it’s now appearing on higher timeframes lends credibility to a more sustained uptrend.
XRP also currently sits at the 0.5 Fibonacci retracement level—a zone typically viewed as a prime accumulation range, especially in an uptrend.
If momentum holds, the pennant breakout sets up a potential move toward $4.38 before year-end, representing a potential 90% surge from current prices.
HODLers are Opting For This New Self-Custody Solution – Here’s WhyWith shifts towards accumulation, HODLers are taking their bags off exchanges to self-custody solutions like MetaMask, Exodus, and increasingly Best Wallet ($BEST).
This non-custodial crypto wallet introduces tools like “Upcoming Tokens”—a crypto screener that allows users to identify and invest new tokens while they are still flying under the radar.
The upcoming Best Card—taking the place of the traditional debit card—allows seamless real-world transactions using stablecoins anywhere that Mastercard is accepted.
This Web3 storage solution supports assets in more than 50 blockchains and offers low fees for swaps.
With SEC Chair Paul Atkins advocating for crypto self-custody as a “foundational American value,” the over $13 million raised in the $BEST utility token presale could just be the start.
To learn more about Best Wallet, follow its official X, Telegram, or visit the Best Wallet website.
The post XRP Price Prediction: Golden Cross and Long-Term Holder Data Hint at Explosive Pump appeared first on Cryptonews.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin (BTC) Price Prediction: Bullish RSI Divergence Signals Potential Rebound Toward $65.5K
A bullish divergence on the one-hour chart has drawn attention as the Bitcoin price remains near a key support area, although broa...
XRP Price Prediction: Wells Fargo Disclosed Millions in XRP Holding
XRP price trades near $1.00, remaining near the key level that separates confidence from doubt for its prediction. That flatline h...
SafePal Data Breach Exposes 39,798 Crypto Customers, Wallet Keys Remain Secure
Key Takeaways: About 39,798 users’ personal and purchase information were disclosed via a flaw in an order tracking plugin, accord...
Ethereum (ETH) Price Prediction: ETH Volatility Compression Builds as Bulls Target $2,500 Recovery
Ethereum price has remained stuck in a tight trading range as volatility continues to fade, leaving traders waiting for the next m...
Worldcoin (WLD) Price Prediction: Ascending Triangle Signals Potential $0.40 Breakout Amid Grayscale ETF Filing and Supply Cuts
The improving setup comes as several fundamental developments have changed the backdrop for WLD. Grayscale has filed with the U.S....
Ethereum (ETH) Price Prediction: ETH Tightens Near $1,880 as Analysts Debate Breakout Towards $3,000 or Another Bear-Market Leg
Ethereum price is consolidating around $1,880 as ETH moves deeper into a tightening technical structure, with traders watching whe...