XRP Price Hits $1.61 Amid Overbought RSI Warning and Neutral Market Regime
XRP's price has reached $1.61 on September 23, 2026, sitting almost exactly on its daily pivot point after a recent run above the daily Bollinger Band's upper boundary.
The RSI (Relative Strength Index) is near overbought territory at 69.67, signaling that the recent rally may need to cool off before continuing.
However, strong trends can ride an overbought RSI for a while, and XRP still trades above all three key EMAs (Exponential Moving Averages): the 20-period at $1.42, the 50-period at $1.33, and the 200-period at $1.35.
The MACD (Moving Average Convergence Divergence) supports the bullish tilt for now, with the line above the signal line and a positive histogram of 0.02.