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The XRP price edged up over 1% in the past 24 hours to trade at $3.08 as of 5:33 a.m. EST, with a 33% rise in trading volumes to $10.3 billion.
This uptick coincides with the formation of a golden cross in the altcoin market, which is a bullish signal that precedes a strong upward rally. Meanwhile, the CoinMarketCap Altcoin Season Index currently stands at 42/100, suggesting that the altcoin season is beginning to gain traction.
Golden cross for Altcoins.
Send it! 🚀 pic.twitter.com/otS89MuzVG
— Crypto Rover (@rovercrc) August 4, 2025
The key question now is whether this growing momentum will trickle down to altcoins like XRP.
XRP Price Forms A Golden Cross – Poised For More Gains
The XRP price on the daily chart shows that the asset was trading within a descending triangle pattern that extended from January through late July 2025. This pattern, characterized by a series of lower highs converging toward a flat support zone around $2.10, is typically a bearish continuation setup.
However, XRP broke the mold by soaring to the upside, delivering a bullish surprise to the market.
Following the breakout, the Ripple token price surged rapidly, gaining over 59% in just a few days and reaching a local high of approximately $3.68, as GeckoTerminal data shows. This move not only invalidated the bearish expectations often associated with descending triangles, but also confirmed a strong shift in sentiment.
The breakout was clean and supported by strong volume, followed by a retracement that brought the price back to test the breakout zone. The pullback found support around the 0.236 Fibonacci level ($2.93), suggesting that prior resistance has now turned into support, mostly used as a breakout confirmation.
A Golden Cross was recently triggered, with the 50-day Simple Moving Average (SMA) (currently at $2.68) crossing above the 200-day SMA ($2.45), which is a long-term bullish signal.
Meanwhile, the Relative Strength Index (RSI) sits at 52.31, neutral territory, after cooling off from overbought conditions during the initial breakout. This level indicates that the market has reset and may be set for another move higher, especially since the RSI remains above 50.
Ripple Token Hints At A 21% Surge
If the price continues to hold above the $2.93 support (0.236 Fib), it opens the door for a retest of the recent high at $3.68, a 21% surge from the current level.
A clean break above that level could push XRP toward the psychological $4.00 mark, a new all-time high (ATH).
On the downside, if the price of the Ripple token fails to hold above $2.93, the next key support levels lie at $2.47 and $2.10.
Meanwhile, investors are piling into a new BTC-themed crypto called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, HYPER could soar 10X after launch.
Bitcoin Hyper Token Smashes $7 Million In Blockbuster Presale
Bitcoin Hyper, a new Bitcoin layer-2 project, has become one of the hottest new crypto coins, having just crossed the $7.08 million mark in its presale campaign.
It aims to resolve Bitcoin’s long-standing issues with transaction speed and cost, creating a more flexible and interactive environment for users.
By leveraging the high-speed infrastructure of Solana, it transforms BTC into a fee-efficient, practical payment method for daily use and global commerce.
The magic happens through the Solana Virtual Machine (SVM). This is the same engine that powers Solana’s lightning-fast transactions and low fees.
Rather than acting as a simple currency transfer layer, BTC Hyper is designed to support on-chain staking, decentralized finance applications, and even meme coins, which will all be secured by the robust Bitcoin network.
Bitcoin Hyper is here to supercharge Bitcoin.
Built on the Solana Virtual Machine, it brings lightning-fast, low-cost transactions to Bitcoin’s ecosystem perfect for payments, meme coins, and powerful dApps.
With zk-proofs and Layer 1 anchoring, it’s fast and secure.
Presale is… pic.twitter.com/qMi0sZb7Ld— halo (@haloETH) May 11, 2025
For investors seeking a secure platform, this may be the perfect project, as it utilizes a Canonical Bridge that supports layer-2 speed and cost efficiency.
The project is also offering investors an impressive 152% annual percentage yield (APY) for purchasing and staking HYPER tokens.
Investors interested in participating in the presale can visit the official Bitcoin Hyper Token website to buy HYPER tokens for $0.012525 each using crypto or a bank card.
Buy before the next presale price increase in about 7 hours.
Visit the Bitcoin Hyper website.
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