XRP dey face risk of oversold bounce as traders dey warn say e fit drop 50% by year-end
Traders dey watch XRP well well after e don drop about 71% from e 2022–2026 cycle peak, and dem warn say XRP fit drop another 50% by year end. COINTURK and trader Bob Loukas point to technical signals wey show XRP don turn oversold, including an RSI reading wey dem call oversold and a positive divergence wey sometimes fit trigger small short-term relief rally.
The article talk say 2026 momentum weak: XRP drop -10.6% for January, -16.2% for February, and -15.7% for the first week of June, with April na the only green month (+2.13%). Even though RSI oversold and the bullish divergence fit cause one rebound, the wider altcoin market structure still dey bearish.
One big added risk na the wider market pressure, including weakness for BTC weekly trend. Loukas warn say if XRP bounce, big players fit sell into am, and proper bottom no fit form till autumn or winter 2026. Traders fit wan monitor BTC momentum and watch follow-through after any XRP RSI oversold bounce attempts.
Bearish
Both summaries dey show split setup for XRP: short-term indicators dey point to possible oversold bounce (RSI oversold and positive divergence), but di main thesis be say di wider structure still bearish and downside fit continue. Di 2026 drawdown data and Loukas’ 50% year-end risk align with scenario wey any XRP relief rally fit be temporary and dem go sell am, especially as BTC weekly weakness dey add pressure. For long term, no expect more sustainable bottom until later 2026 (autumn/winter), so medium-term risk remain high even if traders fit chop small quick XRP RSI oversold bounces.