Crypto market analyst EGRAG Crypto has issued a technical analysis update indicating that XRP may be entering a critical historical accumulation zone. The signal is based on XRP's weekly Relative Strength Index (RSI) dropping into one of the deepest oversold levels ever recorded for the asset.
According to the analysis, previous instances where XRP's weekly RSI reached similar extreme oversold levels coincided with major market bottoms in 2014, 2015, 2018, 2020, and 2022. EGRAG Crypto stated that these periods typically marked the beginning of broader bottoming structures, which later transitioned into stabilization phases before stronger price recoveries emerged. The analyst's chart review shows XRP is "entering the most oversold region" in its history, a zone that has historically preceded significant trend reversals.
The analysis describes a multi-stage reversal pattern. After the RSI enters this zone, the market often experiences a final liquidity sweep to clear weaker positions, followed by a sideways accumulation period characterized by reduced volatility. During this phase, longer-term investors typically increase accumulation activity, gradually absorbing supply and allowing the broader market structure to stabilize before upward momentum builds.
While EGRAG's view is macro and bullish, suggesting this is a "time to buy," another analyst, Crypto Tony, presented a contrasting short-term perspective. Focusing on recent price action, Crypto Tony noted XRP was rejected at $1.55 last week and has since traded between $1.34 and $1.48. He indicated a desire to short the asset if it spikes up to the $1.47-$1.48 range high, highlighting that bulls need to decisively flip the $1.40 level into support for a different outcome. As of the report, XRP was trading around $1.40.
