XRP/Gold Ratio Hits Historical Support, Analyst Predicts 350% Potential Rally

XRP is currently under analysis for its performance against gold, with market experts paying attention to its long-term XRP/Gold ratio. The ratio has reached a critical support zone at $0.0004, historically indicating potential upward movements.

Key Observations

  • The XRP/Gold ratio returned to a historical support level around $0.0004, previously signaling significant rallies of over 800% in 2020, 120% in 2022, and 530% in 2024.
  • The Relative Strength Index (RSI) for the XRP/Gold ratio is currently at 33.38, suggesting an oversold condition similar to past cycles where downside momentum decreased.
  • If historical trends continue, the analyst predicts a potential rally in the XRP/Gold ratio from $0.0004 to over $0.0018, implying a gain exceeding 350%.

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XRP Comparison with Gold and Silver

  • Steph is Crypto compared XRP's trajectory with historical price movements of gold and silver.
  • Gold and silver went through distribution phases in 2021, compression phases in 2023, and expansions in 2026, reaching new highs.
  • XRP completed its distribution phase above $3 and its compression stage near $2.3, potentially entering an expansion phase with a projected ATH target of $32.

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