Egrag Crypto Presents XRP Monthly RSI Update. Here’s What Is Forming

XRP has entered a technical setup that EGRAG CRYPTO (@egragcrypto) believes deserves close attention. The analyst shared a chart showing that momentum has reached an extreme rarely seen on the monthly chart.

While its price remains under pressure, the analyst argues that the Relative Strength Index (RSI) now offers a clearer signal to watch over the coming months.

He said the monthly RSI has reached its lowest level on record after breaking through several long-standing support zones. The chart outlines the levels he expects the indicator to reclaim before a larger bullish move can develop.

XRP Reaches Its Lowest Monthly RSI

EGRAG CRYPTO opened his analysis by announcing a change in his previous outlook. “The 1-2-3 RSI bottom model has officially failed.” He then explained that XRP “has entered the most oversold Monthly RSI in its history, breaking below 42, 41, and even 40.”

The chart reflects that move. The monthly RSI has dropped beneath multiple historical support levels before beginning to flatten near the 40 region. That marks the lowest monthly RSI reading shown across the chart’s history.

Key RSI Levels Come Into Focus

Rather than focusing only on XRP’s price, the analyst identified several RSI levels that could shape the next stage of the recovery. He expects the indicator to reclaim 40, then 42, followed by 46.5, 47.8, and eventually move above 50.

The last powerful breakout above 50 coincided with XRP’s 500% surge in late 2024. If XRP can gain momentum and regain these levels, we may see another notable breakout.

The Chart Projects a Strong Recovery

The chart extends beyond the initial recovery levels. A white arrow shows the RSI moving back toward 50 before a larger green arrow projects a climb toward 80. These levels match XRP’s previous peaks above $3, and reaching these levels now depends on how the RSI reacts.

XRP Could Still Form Another Low

EGRAG CRYPTO also explained that price action does not need to bottom before momentum begins improving. He wrote, “Price could still print a lower low.” That possibility remains central to his outlook because the RSI could strengthen even if XRP revisits lower price levels.

The chart shows the RSI flattening despite the recent decline, suggesting momentum has started to stabilize. The analyst believes the next major technical confirmation would come if it records another low while the RSI forms a higher low.

“If that happens while RSI makes a higher low, we get a powerful bullish divergence.” He closed his analysis by encouraging traders to monitor momentum rather than price alone.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

---

Follow us on X, Facebook, Telegram, and  Google News

The post Egrag Crypto Presents XRP Monthly RSI Update. Here’s What Is Forming appeared first on Times Tabloid.