Artem Voloskovets
XRP is showing a technical signal that's worth paying attention to. The weekly Stochastic RSI has fallen into oversold territory—a level that's historically lined up with major price reversals.
Key Technical Signals
Trader STEPH IS CRYPTO points out that this setup could mean XRP is gearing up for a bounce, as long as current support levels hold. Oversold RSI: The weekly Stochastic RSI sits at 8.98/15.23, well below the 20 threshold. Past drops into this zone have been followed by strong rallies. Support Zone: XRP is holding above $2.60, a level that's flipped between resistance and support before. Historical Pattern: Every time oversold readings have matched up with solid support, XRP has pushed higher. Right now, the chart looks similar to those earlier setups
Market Context
This signal arrives during choppy conditions across crypto. Altcoins like XRP have been under pressure as Bitcoin dominance weighs on the market, but XRP's real-world use in payments and cross-border transfers keeps it on traders' radar. An oversold reading like this tends to pull in buyers hunting for high-reward setups.
If XRP catches a bid, the first hurdle is around $3.20, with $4.00 as the next major level. On the downside, a break below $2.60 could send the price toward $2.00 and delay any recovery.
Artem Voloskovets
