XRP Bounces Back to $1.50, Testing Bearish Sentiment
XRP has rebounded to reclaim $1.50, putting one of the market's most extreme technical signals back under the spotlight. The Relative Strength Index (RSI) fell to its lowest reading in 13 years while XRP was trading around $1.30 after a steep selloff.
The signal emerged while analyst Cryptollica described it as excessively bearish, but an oversold asset can remain oversold or continue falling.
XRP's RSI reached its lowest level in 13 years while price continued holding the broader support zone around $1.29-$1.30.
Reclaiming $1.50 would put XRP roughly 15% above $1.30, suggesting buyers responded aggressively near those lows.