XRP RSI Hits Record Low as Downtrend Shows Signs of Weakening
XRP has reached an extreme low in its trading history, with its two-week Relative Strength Index (RSI) falling to approximately 33.5. This is lower than the lows recorded during the 2018 bear market, the 2020 COVID crash, and the 2022 crypto winter.
While a record-low RSI does not automatically mean XRP is oversold, it shows how far momentum has deteriorated. Strong downtrends regularly produce low RSI readings because sellers remain in control.
XRP is testing a long-term rising channel that has contained its price across multiple market cycles. If XRP can defend the lower area and recover from the record-low RSI, it could be setting up for a reversal.