XRP Price Prediction: Ripple Prints Most Bullish RSI Ratio Since Covid

XRP price trades at $1.32, clawing back ground after a brutal two-week stretch that saw it shed its value and prediction from the late-August peak. But the number that matters right now isn’t the price, it’s the RSI.

One analyst just flagged a momentum reading so extreme that it hasn’t been seen since the depths of the Covid crash.

XRP’s two-week RSI ratio has dropped to roughly 33.5, the lowest reading in the token’s history, lower than 2018, lower than the Covid crash, lower than the 2022 bear market.

“Sentiment has been destroyed, momentum has been washed out to a historical extreme, and the asset is being treated as if the story is already over,” an analyst wrote. The implication: pain is already priced in while structure remains intact.