Analyst to XRP Holders: We’re So Ready to Fire On All Cylinders. Here’s why

A significant technical signal has emerged in the cryptocurrency market, indicating the possible commencement of a new phase for altcoins in relation to Bitcoin.

The chart analysis, originally shared by crypto analyst Merlijn The Trader and reposted by Chad Steingraber, a notable XRP enthusiast, highlights what is being described as the "rarest altcoin signal" observed in years.

The chart depicts a Monthly MACD bullish cross for the Others/BTC pair. This specific development has historically preceded major altcoin rallies. Merlijn observed that only three such MACD crosses have occurred in the last eight years, and each instance marked the early stages of an altcoin "supercycle."

The chart identifies these historical occurrences in 2017 and 2020, with the current signal being the third. The next cross is anticipated to be a key determinant of the market's direction for the remainder of 2025. Previous signals of this nature have been followed by periods of strong performance across a wide range of altcoins, suggesting that current market conditions might again favor assets such as XRP.

Historical Context and Market Cycles

The accompanying chart meticulously tracks the performance of altcoins against Bitcoin through previous cycles, specifically in 2018 and 2021. Both of these cycles reached their peaks at similar trend levels, visually represented by a long-term resistance line connecting the highs of those respective years. The current market setup shows altcoins trading near historical support levels, which have served as points of reversal in the past.

Beneath the primary price chart, the MACD indicator illustrates the signal line moving above the slower-moving average, thereby forming the bullish cross. This indicator is frequently employed to identify potential trend reversals, and its current configuration suggests that market momentum may be transitioning back in favor of altcoins.

Historically, each instance of this bullish cross has coincided with the initiation of a substantial upward movement that has lasted for several months. Steingraber's reaction to this analysis was one of optimism, stating that the market is "ready to fire on all cylinders." This sentiment signals his strong conviction that the current technical setup could indeed lead to renewed momentum for XRP and other altcoins.

Expectations for 2025

The projection presented in the chart indicates that 2025 is poised to be the next potential peak for altcoins relative to Bitcoin, aligning with the pattern observed in the last two market cycles. If this current cycle unfolds as the chart suggests, altcoins could transition from their present consolidation levels into an expansion phase over the coming weeks.

Although Steingraber has not provided specific price targets, his post implies that XRP, alongside other major altcoins, stands to benefit from the same momentum that has historically followed similar technical signals.