XRP's Rare RSI Crossover Sparks Discussion on Long-term Momentum

Crypto analyst Egrag Crypto has identified a rare technical event for XRP, noting that its two-month Relative Strength Index (RSI) has moved above 53 for only the fourth time in its history.

This crossover, observed on one of XRP's longest timeframes, has previously accompanied significant periods of price expansion. Egrag Crypto highlighted that RSI 80 stands as the next technical threshold, which was reached by XRP in previous instances where it saw notable price activity.

The two-month RSI signal is considered particularly robust compared to those on shorter charts, offering insights into more sustained trends than daily or four-hour readings. This indicator has only climbed above 53 on three other occasions: in 2017 and 2021, and the current cycle.