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XRP weekly RSI entered oversold territory dropping below 30 for only the second time in 12 years.
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The previous oversold signal was followed by XRP rallying from $0.29 to $3.66.
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Coinpedia analysis suggests XRP could target $4.50 if the fifth wave develops successfully.
XRP Price has triggered one of its rarest technical signals, sparking fresh speculation about a potential price rally. The token’s weekly Relative Strength Index (RSI) has dropped below 30 for only the second time in its 12-year history.
The last time this happened, XRP went on to gain more than 1,100%. While past performance does not guarantee the same outcome, many traders are now watching closely to see if XRP could be preparing for another major move.
XRP Weekly RSI Drops Below 30 for Only the Second Time
Entrepreneur and popular crypto trader Lark Davis pointed out that XRP’s weekly RSI has fallen into oversold territory only twice since the token launched.
“In 12 years, XRP has hit oversold on the weekly RSI. Two times. Not five times, not three times—just two times in 12 years.”
According to Davis, the first time it happened was during the 2022 bear market, when XRP’s weekly RSI dropped to 28.09 after heavy selling pushed the price from $0.8519 to a June 2022 low of $0.2905.
The second time came in last month in June 2026, when the weekly RSI fell to 29.6, marking another historic low. At that time, the XRP price fell from a high of $1.34 to a low of $1.020.
Since this signal has appeared only twice in XRP’s history, many traders are treating it as an important development.
What Happened the Last Time XRP Became Oversold?
The previous oversold signal in 2022 marked a major turning point for XRP.
After falling below $0.30, the token gradually recovered before entering a strong bull market. By July 2025, XRP had climbed above $3.66, delivering gains of more than 1,100% from its lows.
This historical move has drawn attention to the latest RSI signal. However, Davis warned that the indicator should not be viewed as a guarantee of another rally.
“That doesn’t guarantee the same outcome this time. There are no guarantees in markets. But when a signal this rare appears on an asset with this much institutional attention and retail participation, I think it deserves attention.”
In other words, the RSI suggests that selling pressure may be fading, but investors should still look for confirmation from price action before expecting a sustained recovery.
XRP Price Analysis: Is a Move Toward $4.50 Possible?
The monthly XRP chart suggests that selling pressure may be easing.
According to Coinpedia’s analysis, XRP may have completed the fourth phase of its correction and could now be preparing for another upward move.
At the time of writing, XRP is trading near $1.10, while the lower Bollinger Band sits around $0.80. Meanwhile, the monthly RSI has recovered to around 47, bouncing back from oversold levels. This indicates that buying interest is slowly returning.
However, a key challenge remains. XRP must break above and hold the 20-month moving average near $2.01 before a long-term bullish trend can be confirmed.
In the short term, the first major resistance lies between $1.18 and $1.20, where sellers could become active again.
Will XRP Repeat Its Previous Bull Run?
The weekly RSI falling below 30 is one of the rarest signals in XRP’s trading history, having occurred only twice in the past 12 years. The previous signal was followed by a massive rally, but there is no guarantee that history will repeat itself.
Still, improving momentum, recovering RSI levels, and growing market interest have made XRP one of the cryptocurrencies traders are watching closely. If buyers can push the price above key resistance levels, XRP could build the momentum needed for a stronger recovery and potentially challenge new highs in the months ahead.
