 
 
XRP may be flashing a rare on-chain signal last seen before historic rallies. A technical indicator known as the “Golden MVRV Cross” has emerged, prompting fresh optimism among analysts who point to past cycles as context for a potential breakout.
While the market remains cautious, the data-driven signal has caught the attention of traders tracking long-term value shifts in the Ripple-linked token.
A Rare Golden MVRV Cross Emerges
According to on-chain analytics platform Santiment, a Golden MVRV Cross—where the long-term Market Value to Realized Value (MVRV) ratio crosses above the short-term MVRV—appeared for XRP in July 2025.
This time, technical analyst Ali Martinez noted on X the cross and suggested the possibility of a 630% rally based on historical performance.
The last occurrence in November 2024 resulted in a staggering 630% increase in XRP price. Investor confidence is visible on-chain, with whales accumulating 2.2 billion tokens in the last two weeks, worth over $7 billion at current prices, highlighted by Ali Martinez.
 
This emphasized that XRP’s current market structure mirrors conditions from previous bullish cycles, although he stopped short of offering a timeline for the move.
The golden cross occurs when the 365-day MVRV crosses above the 30-day MVRV, signaling that long-term holders are now in stronger relative profit positions than short-term traders—a potential shift in accumulation behavior.
Despite the indicator, XRP hasn’t escaped market volatility. In early July, Whale Alert recorded multiple large-scale transactions.
The ongoing SEC vs. Ripple legal battle continues to cast a shadow over long-term sentiment. In a partial win for Ripple in July 2023, U.S. District Judge Analisa Torres ruled that XRP was not a security when sold on public exchanges.
This uncertainty could limit the upside potential, especially among U.S.-based institutions that are awaiting regulatory clarity before entering deeper positions.
The appearance of the Golden MVRV Cross is statistically rare and historically significant. It underscores a change in long-term holder profitability and could signal a shift in market structure.
However, the broader macro landscape, including regulatory pressure and a lack of definitive bullish momentum, means caution remains warranted.
As analyst Ali Martinez and others point out, historical comparisons offer clues but not certainty. For now, XRP traders will watch whether this golden cross repeats history—or fades like a false dawn.
Source: https://zycrypto.com/historic-xrp-signal-returns-golden-mvrv-cross-that-preceded-630-rally-emerges-again/