XRP Price Spikes 33% in a Week as the MRV Ratio Signals 630% Surge

Highlights:

• XRP spikes 10% with a 106% increase in trading volume and a market cap surpassing $190B.
• XRP’s derivatives market shows strong bullish momentum with a 102.61% increase in trading volume and a 17.44% rise in open interest.
• The MVRV golden cross reappears, indicating a potential 630% surge, as XRP eyes the $3.50-$4 range.

The XRP price has shown an impressive rally, surging 10% to an intraday high of $3.27. Its trading volume has notably soared 106%, indicating heightened investor confidence. Moreover, XRP’s market cap has surpassed $190 billion for the very first time, as its price continues to surge. XRP is now boasting a 33% surge over the past week and a 47% rise over the past month.

The XRP derivatives market boasts a splendid bullish grip, as the volume and open interest rally. The total trading volume increased by 102.61% to a substantial $28.13 billion, and the open interest rose by 17.44% to $ 9.81 billion. It signals an increase in confidence in the price of XRP, as investor interest in the asset is growing. 

The increasing levels of confidence can be observed in the long-to-short position ratio, which stands at 0.9681. This demonstrates that more players are betting on the price increase. On the other hand, popular analyst Ali Martinez has predicted a potential spike. According to Ali’s analysis, “the last time the MVRV ratio flashed a golden cross, XRP soared 630%. That signal just appeared again.”

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 Price Breaks out in a Parabolic Curve

The XRP Price has been in a parabolic rise, hitting an intraday high of $3.27, before retracing to $3.25 mark. The bulls have taken total dominance, establishing immediate support at the 50-day MA (2.30) and the 200-day MA ($2.38). The bulls are targeting the key resistance at around $3.39 level to continue the upside movement. 

The RSI (Relative Strength Index) and MACD (Moving Average Convergence/Divergence) are indicating high momentum. As the RSI currently stands at 86.10, it implies intense buying pressure. However, its position above the 70-overbought territory suggests caution among traders as a slight short-term pullback may be imminent. 

In the meantime, the MACD indicator also demonstrates positive momentum, with the green histograms gradually rising, implying growing market optimism. This calls for more buying of the XRP tokens, unless the MACD changes. 

XRP Flashes a Short-Term Pullback Before a Substantial Rally

The 33% weekly pump indicates that the XRP price has legs, likely fueled by the recent passage of the GENIUS ACT. If the Crypto GENIUS Act is successfully passed in both the House and Senate, a significant obstacle to using XRP and other altcoins will likely be lifted relatively quickly. 

The XRP price is facing some resistance around the current price $3.39. This barrier has historically suppressed prices. If XRP breaks and holds above this level, the cross-border payment token might target the next resistance at $3.50 in the next 24-48 hours.

On the flip side, traders will want to watch out, the overbought RSI and potential profit-taking could drag it back to $3.04 support zone. The parabolic curve suggests long-term bullishness, so dips may be an opportunity for traders to buy in. Over the next couple of weeks, analysis of the XRP price suggests the altcoin could rally to $4, assuming no major market chaos.