‘Everyone Should Watch This Signal’: XRP RSI Suggests Bottom Is In, $10 Seen Next
The post ‘Everyone Should Watch This Signal’: XRP RSI Suggests Bottom Is In, $10 Seen Next appeared first on Coinpedia Fintech News
The price of XRP is currently trading near $1.46, and some analysts say an important technical signal is starting to appear that could shape the token’s next major move. According to crypto analyst CryptoBull, investors should pay close attention to the Relative Strength Index (RSI) on the weekly and monthly charts, which is now showing unusually low readings.
What makes this signal interesting is that the RSI has fallen even lower than the levels seen during the 2020 market bottom, when XRP traded near $0.11. In simple terms, the RSI measures how strong or weak buying momentum is. When the indicator drops to extreme lows, it often means that selling pressure may be reaching exhaustion, creating conditions where prices can eventually recover.
Because of this rare setup, the analyst argues that XRP may already be forming a long-term bottom, and if momentum begins to recover, the next phase of the market cycle could push prices significantly higher. Some projections shared by the analyst show that, over time, XRP could aim for double-digit price levels, with $10 being discussed as a possible long-term milestone if broader crypto market conditions turn bullish.
Short-term movement still cautious
In the near term, XRP is moving in a relatively narrow range between $1.46 and $1.50, showing signs of stability after recent volatility. The next important resistance level sits near $1.54, where a breakout could signal stronger buying interest. At the same time, support levels around $1.41 and $1.37 remain key zones traders are watching in case of temporary pullbacks.
XRP may also be entering the early stages of a new growth cycle. These long-term patterns often take years to develop, but once momentum returns, they can lead to powerful price movements driven by renewed investor interest and expanding market participation.
While short-term price swings are likely to continue, the combination of historically low RSI readings, steady price consolidation, and improving market sentiment is drawing attention from traders who believe XRP could be preparing for a much larger move in the next phase of the crypto market cycle.
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