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  • XRP’s Weekly RSI Hits Oversold Level for Only the Second Time in History
  • Last Occurrence Led to 1,100% Rally

Overall sentiment: Neutral

Open original · Sam Daodu Thu, July 16, 2026 at 7:48 PM GMT+3 7 min read

Published Jul 16, 2026 · Retrieved Jul 16, 2026

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  1. XRP's weekly RSI fell below 30 in June 2026, signaling oversold conditions for only the second time ever Newsworthy Reliable Neutral
  2. The first weekly RSI oversold signal in 2022 marked XRP's bottom at $0.29 before a 1,100% rally starting in November 2024 Newsworthy Reliable Positive
  3. A repeat 1,100% gain from $1.10 would value XRP near $13, surpassing Ethereum's all-time market cap Newsworthy Plausible Positive
  4. XRP price has fallen steadily in 2026 from $1.84 in January to around $1.01 at the end of June, its lowest in nearly two years Newsworthy Reliable Negative
  5. Breaking below the $1.28 support in early June marked a significant decline after months of bouncing between $1.30-$1.45 Relevant Reliable Negative
  6. Santiment data indicates XRP holders currently hold their deepest average losses on record, suggesting seller exhaustion like in 2022 Relevant Plausible Negative

Type: standard news · Analysis confidence: 95%

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