Analyst Says XRP ‘Criminally Undervalued’ as Monthly RSI Near 2022 Lows and Exchange Supply Falls
Analyst Doctor Profit flagged XRP as “criminally undervalued” after the token’s monthly Relative Strength Index (RSI) dropped to lows comparable to mid‑2022. XRP is trading below its 2025 peak and is down about 24% year‑to‑date, with price levels recently around $1.37–$1.48. Doctor Profit noted similar monthly RSI troughs have historically marked local bottoms and shared a buy signal with his premium subscribers, while warning that a sustained breakout may take time if broader market sentiment remains bearish. On‑exchange XRP balances have fallen to roughly 12.8 billion tokens — the lowest since May 2021 — suggesting accumulation and reduced sell pressure. The articles link past RSI recoveries to major market events and favorable legal rulings for Ripple, but stress that technical indicators are not guarantees; macro conditions and legal or regulatory developments could delay meaningful upside. Key takeaways for traders: XRP’s monthly RSI and long‑term trendline support point to a potential technical inflection; declining exchange supply supports lower sell-side pressure; however, watch overall crypto market direction and Ripple-related legal or regulatory news, which remain major catalysts.
Bullish
The combined news carries a bullish implication for XRP price prospects. Key supportive factors: (1) Monthly RSI reaching lows similar to historical bottoms increases the probability of a technical inflection and attracts contrarian buying; (2) declining on‑exchange balances (to ~12.8B) indicate accumulation and reduced immediate sell-side pressure; (3) long‑term trendline support near current prices provides structural technical backing. However, the bullish case is tempered by important caveats that could delay or limit gains: broad crypto market weakness would likely keep rallies muted or short-lived; legal and regulatory developments related to Ripple remain major directional catalysts and could quickly reverse sentiment; technical signals are probabilistic, not certain. Short term, expect elevated volatility — potential bounce attempts and relief rallies that could be sold into if macro/regulatory headwinds persist. Medium to long term, if exchange supply continues to fall and RSI recovers alongside positive market/regulatory news, the setup favors a sustained recovery. Traders should size positions carefully, use stops, and monitor macro and legal headlines closely.