Crypto researcher Cryptollica believes XRP may be approaching a major turning point after identifying what he describes as the asset’s deepest oversold condition in its 13-year trading histor
Crypto researcher Cryptollica believes XRP may be approaching a major turning point after identifying what he describes as the asset’s deepest oversold condition in its 13-year trading history.
In a tweet, the analyst noted that previous XRP bull runs have consistently followed periods of extreme Relative Strength Index (RSI) exhaustion and suggested that the current setup could precede another significant price advance.
Sharing a long-term XRP/USD chart, Cryptollica claimed that the cryptocurrency has reached an “all-time low oversold level in 13 years” based on its RSI reading. He paired the chart with the message: “XRP TO DOUBLE DIGITS,” indicating his expectation that the asset could eventually trade at prices above $10 if the historical pattern repeats.
According to the analyst, every major XRP rally has begun after the RSI entered deeply oversold territory. He emphasized that the current market structure appears even more oversold than previous cycles, leading him to conclude that the present setup may offer a stronger bullish opportunity than those seen in earlier years.
Chart Highlights Long-Term Support Zone
The chart attached to the post displays XRP trading within a long-term upward channel while the RSI sits near the lower end of its historical range, around the 34 level. Cryptollica marked this area as an unprecedented oversold condition and highlighted an upward-sloping support line that XRP is approaching.
He suggested that the current decline could represent a final stage before a reversal rather than the beginning of a prolonged downtrend. The chart also includes projected price channels extending well above current levels, with a question mark placed near the upper boundary to indicate a potential future destination if bullish momentum returns.
Community Responses Remain Divided
The post received mixed reactions from members of the crypto community. One user, Virachocha, rejected the bullish thesis, arguing that macroeconomic conditions outweigh technical indicators.
According to the commenter, a lack of fresh capital entering the market and ongoing geopolitical developments make further downside more likely. The user predicted XRP could decline into the $0.70-$0.80 range and suggested that prices between $0.50 and $0.60 could also be possible under favorable conditions for bears.
Another community member, Welkin, expressed support for Cryptollica’s analysis. The commenter said the phrase “disbelief becoming expensive” accurately describes market behavior, adding that the technical setups most investors ignore often deliver the strongest returns for XRP.
While Cryptollica’s analysis presents an optimistic long-term outlook based on historical RSI behavior, the differing responses to the post illustrate that market participants remain divided over whether XRP is preparing for another major rally or facing additional downside before any sustained recovery begins.
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The post XRP Is At Deepest Oversold Structure In History. Here’s the Significance appeared first on Times Tabloid.