Analyst to XRP Holders: Strap Up. Weekly Golden Cross Has Officially Formed

A prominent crypto analyst, known as ChartNerd on X, has highlighted a significant technical development for XRP: a weekly golden cross formation on the Stochastic Relative Strength Index (Stoch RSI). This indicator's fast and slow lines have crossed upwards on the weekly chart, a pattern that has historically preceded substantial upward price momentum for XRP.

ChartNerd emphasized this formation as a noteworthy signal for both XRP holders and traders, particularly due to the historical context provided by the analyst's accompanying chart.

Historical Precedents for Significant Rallies

The chart shared by ChartNerd illustrates two previous instances where a similar bullish crossover on the weekly Stoch RSI was followed by considerable price increases. The first historical event, noted around November 2024, was associated with a rally exceeding several hundred percent.

A second instance, identified in April 2025 on the chart, corresponded with a substantial, though comparatively smaller, price advance. ChartNerd has leveraged these historical precedents to underscore the current weekly crossover's potential significance, given its past correlation with subsequent price movements.

Current Market Sentiment and Implications

ChartNerd has advised that the current signal should not be disregarded, suggesting that attempting to bet against the weekly Stoch RSI golden cross could prove risky, based on the outcomes of past occurrences.

The accompanying chart also highlights periods where the indicator reached lower levels before experiencing a reversal. This further supports the analyst's interpretation that the current weekly setup may serve as an early indicator of renewed upward momentum.

Another commentator, DailyDoseYos, has echoed this positive sentiment, expressing confidence in the signal and a favorable long-term outlook for XRP.

Significance for Traders and Holders

ChartNerd's analysis focuses on the technical aspects of the market rather than fundamental drivers. The weekly Stoch RSI golden cross is presented as a timing indicator that has historically aligned with significant price movements for XRP.

While the analyst has not provided specific price targets or trading strategies, the emphasis is placed on the repeatable nature of the indicator's pattern and the potential for substantial upside if past performance is indicative of future results. Observers are encouraged to closely monitor weekly momentum indicators and price action, rather than solely focusing on short-term fluctuations.

ChartNerd's presentation is purely technical, identifying a recurring indicator pattern, referencing two historical instances where this pattern coincided with notable rallies, and highlighting the current weekly crossover as a factor for market participants to consider when making investment decisions.