XRP Price Hits Daily Pivot Point Amid Overbought RSI Warning
XRP's price is currently hovering at $1.61 on September 23, 2026, almost exactly on its daily pivot point.
The daily RSI reading of 69.67 indicates that the recent rally may need to cool off before continuing, as it sits near overbought territory.
Despite this warning sign, the EMA alignment is still bullish, with price above every major EMA on the daily chart.
The broader market backdrop adds another layer of uncertainty, with a Fear & Greed reading of 71 suggesting a confident yet potentially stretched market.