A Rare Momentum Reading $XRP is flashing a technical signal that has appeared only a handful of times in its history. The monthly relative strength index for XRP has fallen to 42.7, a range t
$XRP is flashing a technical signal that has appeared only a handful of times in its history. The monthly relative strength index for XRP has fallen to 42.7, a range that has shown up only three times before: in November 2015, March 2020, and August 2022. Each instance was followed by a substantial price run higher.
The analysis was flagged by market commentator Celal Kucuker, who highlighted a repeating pattern where depressed RSI levels preceded substantial upward momentum. The Relative Strength Index measures the speed and magnitude of price movements, and on higher timeframes such as the monthly chart, RSI readings are broadly viewed as indicators of broader market cycles rather than short-term fluctuations.
Looking at the historical precedents: a similar setup emerged in March 2020 during the broader market panic, when XRP's monthly RSI dropped to 43.7 with the price reaching a low of $0.104. The coin rebounded on that signal to reach the April 2021 high of $1.97. The pattern appeared again during August 2022, when prices dropped to $0.31 and the monthly RSI returned to a historically depressed level near 43.9. That formed a bottom, with XRP eventually climbing to $3.39 by January 2025.
The RSI signal is not the only factor drawing attention. A long-term ascending channel that has guided the token's price since 2017 currently has XRP sitting just above its lower support boundary. Combined with the depressed momentum reading, the setup has analysts watching closely. XRP has consistently set progressively higher lows within this channel since its formation.
Kucuker's analysis points to the combination of two conditions occurring together: price holding at long-term structural support while the monthly momentum indicator has already fallen back to historically low ground. In prior cycles, momentum reached these depths either at the same time as the price bottom or just before a sustained recovery began.
The backdrop is one of near-term price weakness. XRP has dropped more than 10% in June alone, with the first days of the month pushing the token to multi-month lows around $1.18. Based on current channel geometry, the upper channel resistance sits approximately at $25, representing potential appreciation of roughly 2,000% from prevailing prices. That is a bull-case scenario, and past performance is no guarantee of future results. Traders should consider their own risk tolerance before acting on any technical signal.
Sources:TradingView: Analyst Spots XRP Signal That Preceded Every Major Rally Since 2017The Crypto Basic: XRP Reaches a Level That Always Precedes an Explosive Price MoveMoneyCheck: XRP Momentum Indicator Hits Historic Zone
