Crypto analyst EGRAG Crypto has highlighted that XRP’s two-month Relative Strength Index has reentered a range previously associated with major price expansions during the 2020 and 2024 market cycles. The observed zone sits between 47 and 52.85, an area that does not indicate oversold conditions but rather weakening bearish momentum near the neutral threshold. EGRAG notes that previous recoveries from this structure eventually saw the RSI climb toward 72 and 80, though the projection reflects momentum strength rather than a specific XRP price target. For the bullish cycle interpretation to gain credibility, the indicator must reclaim 52.85 and hold above 47 on the two-month close.
At the same time, XRP Ledger network activity has expanded across multiple metrics. Transactions rose 23.9% to roughly 2.1 million, successful transactions increased 15.7% to about 1.6 million, and payments climbed 31.5% to 708,100. Average transactions per ledger advanced 24.6% to 103.33. Fee burns reached 337.2 XRP, above the 30-day average of approximately 319 XRP. Although the increase confirms rising network demand, the amount destroyed remains too small to meaningfully reduce XRP’s circulating supply or create deflationary pressure.
From a technical standpoint, XRP has pulled back from its previous consolidation range of $1.40 to $1.45 and briefly approached $1.27. The price is trading below its longer-term moving average near $1.35, while support sits between $1.27 and $1.30. If that zone fails, the next support area is around $1.24 to $1.25. Bulls would need to reclaim $1.35 before attempting a return to the prior consolidation range. Overall, the combination of network growth and the historical RSI pattern offers a constructive backdrop, but confirmation still depends on XRP defending key support and regaining momentum above $1.35.
