XRP Monthly RSI Triggers Oversold Setup: Watch 40/42/46.5/47.8
Crypto analyst Egrag Crypto says the XRP Monthly RSI is in an extremely oversold monthly setup after a 1-2-3 RSI bottom failed. In the XRP Monthly RSI update, he claims the monthly RSI hit its lowest level on record and fell below long-standing support zones near 42, 41, and 40.
Egrag expects the XRP Monthly RSI to reclaim key thresholds in sequence—40 first, then 42, followed by 46.5 and 47.8, and finally a push above 50. He notes the last major breakout above 50 coincided with XRP’s late-2024 ~500% surge.
Even if price prints another lower low, the bullish case could form if RSI builds a higher low—hidden bullish divergence—suggesting momentum may stabilize before XRP truly bottoms. Traders should therefore monitor XRP Monthly RSI structure for confirmation, not only spot price action.
Neutral
Egrag Crypto’s thesis is mixed for XRP. The XRP Monthly RSI being at record lows and breaking below 42/41/40 supports a bearish near-term backdrop, implying downside pressure may persist. However, he highlights a potential inflection: momentum could stabilize before price bottoms if RSI forms a higher low while price makes another lower low (hidden bullish divergence).
In the short term, traders may treat the levels around 40 and 42 as checkpoints for whether selling momentum is truly exhausting. In the longer term, sustained improvement in XRP Monthly RSI—then a move toward/above 46.5–47.8 and ultimately above 50—would be the stronger technical signal that the prior macro weakness is transitioning into a broader bullish phase. Until those RSI thresholds are reclaimed, the setup is more of a “watch-and-wait” than an immediate trend reversal.