XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

Opeyemi Sule

5 months ago

2 mins read

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The XRP price action has been one of the brighter spots in the cryptocurrency space in 2025, weathering virtually every storm the market has faced. However, the altcoin could not avoid the market downturn triggered by the new trade tariffs imposed by United States President Donald Trump.

The price of XRP dropped to around $2.1 due to the bearish sentiment that engulfed the entire crypto market. However, the XRP token seems to be back on the bullish track, jumping by more than 12% on Friday, February 14.

Here’s How XRP Could Reach New ATH

In a Friday post on the X platform, pseudonymous crypto analyst Dark Defender shared an updated analysis of the XRP price. The popular crypto trader highlighted the altcoin’s potential to a new all-time high around the $8 level over the next few weeks.

The price of XRP rallied towards $2.8 after the US Securities and Exchange Commission (SEC) acknowledged Grayscale’s XRP ETF application. According to Dark Defender, this positive price action has provided a springboard for the altcoin’s next move.

However, the crypto pundit noted that the XRP price needs to clear some hurdles, specifically a major resistance zone around $2.9, to run up to the critical Fibonacci level of $5.85 and potentially 8.03 (an almost 200% rally from the current price). Interestingly, this projection is reinforced by changes in the daily Relative Strength Index (RSI) indicator.

The RSI is a technical analysis indicator used to measure the balance between a token’s bullish and bearish momentum. According to Dark Defender’s post on X, the XRP RSI has recently formed a Golden Cross, a signal often associated with increased buying pressure.

In the RSI — as with other indicators — a Golden Cross occurs when a short-term moving average crosses above a longer-term moving average. Typically, Golden Cross formations are associated with extended bullish periods, increasing the odds of XRP price maintaining its upward trend toward $5.85 and beyond.

If this bullish scenario does not hold, the next support level to watch out for lies around $2.44. However, if the XRP price does not defend this demand zone in case of a pullback, investors could see the fall to the $2.3 mark.

XRP Price At A Glance

As of this writing, the price of XRP stands at around $2.7, reflecting an over 10% increase in the past 24 hours. According to data from CoinGecko, the third-largest crypto is up by nearly 14% in the past seven days.

Featured image from iStock, chart from TradingView

Opeyemi Sule

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies.

Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part - in fact, far from it.

Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. “This emphasizes the intricacies of blockchain technology and the cryptocurrency market,” he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger.

When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi’s Spotify Daily Mix.

Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K.
Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that.

Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi’s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings.

Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that “whatever is worth doing at all is worth doing well.” Hence, you will always find him striving to be better.

Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.

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