XRP Enters Extreme RSI Zone And Reopens The 2022 Bottom Debate

XRP (XRP) is testing rare oversold RSI levels that last appeared near its 2022 cycle low, putting traders on watch for a possible bottom.

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XRP RSI

The latest signal came after analyst Cryptoinsightuk flagged an unusual weekly Relative Strength Index reading across the broader market, while other traders focused on XRP’s return to a zone rarely seen in its history.

RSI measures whether an asset has become overbought or oversold over a set period. A weekly reading near or below 30 often points to heavy selling pressure and possible exhaustion among sellers.

XRP traded around $1.07 after recent losses deepened, with the token down more than 3% over 24 hours and about 10% for the week. Bitcoin (BTC) falling below $60,000 also pressured sentiment across altcoins.

“Second time in history touching this zone is wild. Not saying it has to be the bottom, but this is definitely where I stop listening to panic takes,” analyst CryptoSensei said.

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XRP Outlook

The comparison with 2022 is central to the current debate. XRP reached a capitulation low near $0.29 in late 2022, when a similar oversold setup appeared before the token recovered in the following months.

Analyst ChartNerd said XRP was historically oversold on weekly and monthly RSI readings, though the three-month RSI had not yet moved below 50. The analyst said the token was nearing some of its most oversold conditions in more than a decade.

The backdrop is stronger than it was in 2022, as Ripple has gained more legal clarity in the United States and continues to pursue cross-border payment and tokenization activity on the XRP Ledger.

Still, the technical bar remains high. XRP faces resistance between $1.30 and $1.40, while the $1.00 zone is the main support level traders are watching. Standard Chartered has cited XRP targets above $2 by the end of 2026. Those forecasts depend on ETF approvals and broader adoption catalysts.

The last comparable RSI signal came during the 2022 bear market, when XRP’s price collapse reflected wider crypto stress, forced selling and weak liquidity after major industry failures.

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