Market analysis indicates XRP is experiencing two significant, potentially bullish technical phenomena: a rare oversold condition and a quiet accumulation phase. According to data from TheCryptoBasic, XRP's daily Relative Strength Index (RSI) recently plunged to 17, a level only seen once before in the past twelve years. This extreme reading followed a sharp sell-off that pushed the price to a low near $1.11 in early February, marking the altcoin's largest single-day drop in five years.
The extreme oversold condition is historically significant. Similar RSI dips in XRP's history—such as in September 2021, April and July 2024, and October 2025—were typically followed by sharp relief rallies ranging from 15% to 65% within days or weeks. The current setup suggests selling pressure may be exhausted, potentially setting the stage for a mean reversion bounce.
Concurrently, analyst Dhan notes that XRP is in a quiet accumulation zone. After rebounding from the $1.11 low to trade around $1.43-$1.45, the asset is showing stability with minimal volatility. This phase, where retail hype fades, is often characterized by sophisticated or "smart money" investors building positions without causing major price spikes, which can precede a significant breakout.
The broader context adds weight to this analysis. The sell-off occurred amid a wider crypto market downturn in late 2025 and early 2026 that erased hundreds of billions in market capitalization. Despite this, XRP maintained its status as the second most-viewed asset on CoinMarketCap, indicating sustained high investor interest even during pullbacks.
