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Despite its slow momentum over the past few weeks, $XRP is still on analysts’ radar as they look beyond its dollar price action and into its performance against gold. One analyst has said that the long-term $XRP/Gold ratio has just reached a historical support zone, signaling a familiar technical setup that could determine its next move.
$XRP/Gold Ratio Arrives At Critical Support Level
Market expert ‘Steph is Crypto’ has released a fresh analysis focusing on the $XRP to gold ratio and its historical behaviour. In his post on X this Tuesday, he stated that the ratio has returned to a long-standing support zone around $0.0004, which has consistently marked major turning points in $XRP’s price action relative to gold.
According to the analyst, this same area previously preceded powerful upside moves in the $XRP/gold ratio. Each prior visit to this zone was followed by a sharp reversal higher, as highlighted by the circled lows and steep advances that followed. The chart shows rallies of more than 800% in 2020, over 120% in 2022, and about 530% in 2024.
Steph is Crypto also pointed to momentum conditions, noting that the Relative Strength Index (RSI) was oversold in the past when the $XRP/gold ratio hit the historical support. In the current 2026 cycle, the RSI sits around 33.38, reflecting a similar oversold setup to previous cycles. According to the analyst, this suggests downside momentum is fading.
The general outlook of this analysis suggests that if past trends repeat, the $XRP/gold ratio could experience another strong rally this cycle. This time, Steph is Crypto predicts a rally from the support around $0.0004 to over $0.0018, representing a gain of more than 350%.
Analyst Links $XRP Trajectory To That Of Gold And Silver
In a subsequent post, Steph is Crypto shared another analysis comparing the historical price movements and expansion phase of gold and silver with $XRP. He presented parallel charts for each asset, highlighting distinct phases preceding major price rallies in the precious metals while illustrating the potential path for $XRP based on gold and silver’s past performance.
The chart showed that gold and silver experienced a major distribution phase in 2021, followed by a compression phase in 2023 and an expansion in 2026. In Gold’s case, its price reversal was sharp and vertical, with minimal pullbacks before reaching an all-time high near $4,700. Silver’s movement was more muted, showing significant volatility from 2023 to 2025 before accelerating in 2026 to peak above $91.
Based on these performances, Steph is Crypto predicts that $XRP could follow a similar trajectory. The cryptocurrency has completed its distribution phase above $3 and its compression stage near $2.3, and the analyst now expects it to enter an expansion phase, with a projected ATH target of $32.