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XRP Hits Its Most Oversold Levels Ever: Has the Bottom Finally Arrived?

XRP Hits Its Most Oversold Levels Ever: Has the Bottom Finally Arrived?

XRP trades near $1.09 after analysts flagged monthly momentum readings more extreme than the 2020 COVID crash, reviving debate over whether the bottom has arrived. The token sits roughly 72% below its record high, leaving traders split on what comes next.

The Technical Signals Behind the Oversold Debate The Relative Strength Index (RSI) measures whether an asset has been bought or sold too aggressively over a given period. Readings below 30 typically signal oversold conditions worth watching.

Analyst Ash Crypto noted that XRP’s monthly reading has fallen below levels recorded during the March 2020 collapse. The token also touched a two-year low near $1 last month.

$XRP is now at its most oversold levels ever.– Down 72% from its ATH.– It has hit a 2-year low near $1 last month.– Monthly RSI is now more oversold than during the 2020 COVID crash. Do you think the bottom is in?

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