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XRP Price Plummets to Two-Year Low Amid Record Oversold Signals

Guavy AI Editorial Team
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XRP
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XRP's price has fallen to a two-year low near $1 in June and now trades around $1.09, sparking oversold signals.

The token's monthly Relative Strength Index (RSI) has dropped below levels seen during the March 2020 market crash, with analyst Ash Crypto pointing out that readings below 30 are typically considered oversold.

Analysts have identified $1.22 as a breakout threshold, while a loss of $1.01 could expose further weakness and potentially align RSI positioning with genuine historical macro bottom structures.

Ash Crypto noted that the token's monthly RSI has fallen below levels recorded during the Mar. 2020 market crash, highlighting its oversold status.

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