This XRP Chart Signal Hasn't Happened in 13 Years
XRP trades near $1.29 after a sharp correction pushed its two-week Relative Strength Index to the lowest level in the token’s 13-year trading history. That extreme reading has sparked fresh debate over whether XRP has finally found its cycle bottom. XRP Price Performance.
Source: BeInCrypto What This Record-Low RSI Reading Actually Means Analyst Cryptollica highlighted the milestone in a widely shared post, noting the current two-week RSI near 33.5 has now dropped below the lows seen during the 2018 bear market, the 2020 COVID crash, and the 2022 crypto winter.
The accompanying chart shows XRP still sitting inside a long-term rising channel that has guided the asset through multiple cycles. Price currently rests near that structure’s lower boundary, an area that has historically provided strong support.
Follow us on X to get the latest news as it happens. XRP Just Printed a Record-Breaking Oversold Signal. Source: X/@Cryptollica The analyst argued the market may be misreading the moment entirely.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source