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Markets

XRP flashes rare MACD golden cross, analyst eyes breakout above $1.60

XRP is showing a notable technical signal that has rarely emerged in its recent trading history, according to analyst Steph Is Crypto. The Moving Average Convergence Divergence (MACD) indicat

AnonymousCryptoCompass newsroom
August 24, 2026
3 min read
NEWS
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XRP is showing a notable technical signal that has rarely emerged in its recent trading history, according to analyst Steph Is Crypto. The Moving Average Convergence Divergence (MACD) indicator on the two-week chart is approaching a golden cross, a formation that technical traders often associate with the start of a bullish trend.

Historical MACD signals in focus

The golden cross occurs when the blue MACD line crosses above the red signal line after a period of downward momentum. Steph Is Crypto described this development as “literally imminent,” indicating it could appear within one to two days.

Historical data shows the significance of this event. In September 2022, XRP formed a golden MACD cross near $0.53, close to the end of the previous bear market cycle. Over the following period, the asset surged, eventually reaching a peak of $3.65 in 2025.

A second golden cross appeared in October 2024, with XRP entering another rapid climb—rallying 500% by the end of that year. The analyst noted that the digital asset generated a sixfold return from this price setup within weeks.

In previous cycles, a golden MACD cross has signaled powerful rallies in XRP, with the asset delivering a 6x move from this setup. Two such signals preceded significant market momentum, and a third is now approaching.

Steph Is Crypto pointed to these two historical signals as key factors underlying optimism about the current technical setup.

Mini dictionary: MACD (Moving Average Convergence Divergence), a technical indicator used to identify changes in momentum, strength, and direction in price trends. A “golden cross” in this context refers to the MACD line crossing above the signal line, considered bullish by many analysts.

Critical price resistance at $1.60

Despite the emerging technical signal, one important hurdle remains. XRP recently attempted to break above the Exponential Moving Average (EMA) ribbons situated between $1.60 and $1.70. The move was rejected, preventing confirmation of a sustained upward trend.

Steph Is Crypto emphasized that for the bullish scenario to be validated, the price must close and maintain a level above $1.60 for at least one weekly candle. Securing this threshold would confirm the broader structure and potentially set the stage for significant upward movement. Failing to hold above this level, however, could lead to additional downside risk for the digital asset.

EventMACD Golden Cross DateXRP Price at SignalPeak Reached AfterwardFirst signalSeptember 2022$0.53$3.65 (2025)Second signalOctober 2024Not specified500% rally by year-endCurrent setupAugust 2026 (expected)N/AYet to be determined

Analyst outlook and investor watchpoints

Should XRP hold above the EMA ribbons and confirm the golden MACD cross on the two-week chart, Steph Is Crypto anticipates a major rally comparable to those seen in past cycles. While no specific price forecast has been provided for the current period, the analyst referenced the previous 6x gain as an indicator of what might be possible if conditions align.

Holding above $1.60 and confirming the MACD golden cross would validate the bullish signal for XRP, setting up the potential for a substantial upward move similar to previous rallies.

The key level of $1.60 forms the boundary between a confirmed bullish structure and what could become a bull trap if the price falters. Investors are closely monitoring both the golden cross and price action near this resistance zone in the immediate term.

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