Despite its slowdown in momentum in recent weeksXRP is still on the radar of analysts who look beyond dollar price action and its performance relative to gold. An analyst said the long-term XRP/Gold ratio just reached a historic support zone, signaling a familiar technical setup that could determine its next move.
XRP/Gold Ratio Reaches Critical Support Level
Market expert “Steph is Crypto” has released a new analysis focused on the XRP/gold ratio and its historical behavior. In his article on XRP Price Action Versus Gold.
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According to the analyst, this same zone preceded powerful upward movements in the XRP/gold ratio. Each previous visit to this area has been followed by a sharp reversal to the upside, as highlighted by the circled lows and the strong advances that followed. The chart shows increases of over 800% in 2020, over 120% in 2022 and around 530% in 2024.
Steph is Crypto also highlighted the momentum conditions, noting that the The Relative Strength Index (RSI) has been oversold in the past when the XRP/gold ratio reached historical support. In the current 2026 cycle, the RSI is around 33.38, reflecting a similar oversold pattern as in previous cycles. According to the analyst, this suggests bearish dynamics fades.
The overall outlook from this analysis suggests that if past trends repeat themselves, the XRP/gold ratio could see another strong rise during this cycle. This time, Steph is Crypto predicts a rally from support around $0.0004 to above $0.0018, representing a gain of over 350%.
Analyst Links XRP’s Trajectory to That of Gold and Silver
In a later article, Steph is Crypto common another analysis comparing historical price movements and expansion phase of gold and silver with XRP. He presented parallel charts for each asset, highlighting the distinct phases preceding major rallies in precious metals prices, while illustrating the potential movement of XRP based on past performance of gold and silver.
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The chart shows that gold and silver experienced a major distribution phase in 2021, followed by a compression phase in 2023 and an expansion in 2026. In the case of gold, its the price reversal was brutal and verticalwith minimal pullbacks before hitting an all-time high near $4,700. Silver’s movement has been more muted, showing significant volatility from 2023 to 2025 before accelerates in 2026 to peak above $91.
Based on this performance, Steph is Crypto predicts that XRP could follow a similar trajectory. The cryptocurrency has completed its distribution phase above $3 and its compression phase near $2.3, and the analyst now expects it to enter an expansion phase, with a projected ATH goal of $32.
Featured image from Freepik, graphic from Tradingview.com
