XRP's Record-Low RSI Sparks Debate Over Cycle Bottom
XRP's two-week Relative Strength Index (RSI) has fallen to its lowest level in 13 years, sparking debate over whether the token has found its cycle bottom.
The RSI reading of 33.5 is a record-low that has not been seen since XRP began trading in 2004.
Analyst Cryptollica highlighted this milestone, noting that such extreme readings have often preceded major rallies.
Despite the dire sentiment and short-term price action, the higher-timeframe trendline remains intact, according to Cryptollica.