XRP's Extreme Low: Will Momentum Rebound or Continue Downward

XRP has been trading at $1.32 after a brutal two-week stretch that saw it lose value and prediction from its late-August peak.

However, the number that matters now is not the price, but the RSI (Relative Strength Index) reading. According to an analyst, XRP's two-week RSI ratio has dropped to 33.5, the lowest reading in the token's history, lower than 2018 and the Covid crash.

This extreme momentum reading implies that pain is already priced in while structure remains intact. The analyst noted, 'Sentiment has been destroyed, momentum has been washed out to a historical extreme, and the asset is being treated as if the story is already over.'

The chart shows a coiling pattern with intraday range between $1.28 and $1.33. Bullish predictions suggest that reclaiming above $1.34 could open the door to $1.39-$1.45, levels tied to post-escrow ETF inflow strength.