XRP has just delivered a major technical signal that could ignite its next upward leg . For the first time in several months, the digital asset has closed a weekly candle above its 20-week moving average (MA), a key indicator of long-term market direction. Highlighted by crypto analyst The Great Mattsby on X, this development comes as XRP currently trades around $2.33, firmly above the 20-week MA near $2.26, reinforcing growing momentum across both technical and on-chain metrics. A Break Above the 20-Week MA: Why It Matters The 20-week MA is a well-established trendline used by analysts to distinguish between bullish and bearish phases in an asset’s price history. XRP’s weekly close above this level is more than a technical curiosity; it marks a potential shift in market structure. Since early 2024, XRP has struggled to reclaim this moving average, facing repeated rejections that reinforced a prolonged consolidation phase. $XRP just closed a weekly candle above the 20week MA for the first time in a long time. This could be the start of its next move higher pic.twitter.com/VOP5XuseFA — The Great Mattsby (@matthughes13) July 7, 2025 Now, the tide may be turning. Reclaiming the 20-week MA suggests bulls are regaining control, and that XRP could be transitioning from sideways accumulation into the early stages of a broader uptrend . This move aligns with the pattern seen in past XRP cycles, particularly those of 2017 and 2021, when reclaiming this level preceded explosive rallies. Bullish Indicators Confirm Market Strength Beyond the moving average, several other bullish signals are converging. XRP’s trading activity is reflecting a strong technical foundation, with its current price holding steady above short-, mid, and long-term MAs. Technical analysis confirms a “strong buy” outlook, supported by bullish MACD crossovers, rising RSI levels, and consistent higher lows on the weekly chart. On-chain activity further strengthens the bullish case. According to Santiment, weekly active XRP addresses have surged to over 1.15 million, the highest ever recorded. This spike in user engagement is a strong sign of growing utility and network participation, factors often correlated with long-term price appreciation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Moreover, derivative market data shows rising open interest and volume in XRP options trading. These metrics indicate that institutional and retail traders are positioning for further volatility to the upside, potentially setting the stage for a short squeeze should resistance levels be breached. What Lies Ahead: Key Levels to Watch With the 20-week MA reclaimed, all eyes are now on the $2.35–$2.40 resistance zone. This area, which capped XRP’s previous rally attempts, could be the final hurdle before a move toward $2.60, and ultimately, a retest of the psychological $3.00 mark—XRP’s all-time high region from early 2018. If bulls can hold the current level and achieve a clean weekly close above $2.35, it would likely trigger cascading liquidations of short positions, accelerating upward momentum. On the flip side, a breakdown below the 20-week MA in the coming sessions would invalidate the breakout and potentially drag the price back into the previous consolidation range. The Great Mattsby’s observation of XRP’s weekly close above the 20-week moving average is more than just a bullish hint; it may be the early signal of a structural trend shift. With XRP now trading at $2.33 and exhibiting strong technical and on-chain health, momentum is clearly on the side of the bulls. While confirmation is still needed through continued strength and volume, this could very well be the beginning of XRP’s next major move. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Flashes Bullish Signal: This Could Be the Start of Its Next Move appeared first on Times Tabloid .