XRP Returns to a Rare Oversold Zone for the 4th Time Ever

$XRP has slipped back into an oversold zone it has visited only four times in its 13-year history, with each prior entry leading to a significant move. Market analyst Cryptollica was first to flag the development, noting that the monthly $XRP RSI has dropped into an extremely rare undervalued region.

Key Points: $XRP has dropped more than 31% this year amid a broad market selloff. That decline has pushed the monthly RSI below 43, an unusual oversold read. $XRP has only touched this RSI level three times before — February 2017, March 2020, and June 2022. Each revisit has been followed by a significant move.

$XRP Battling Bearish Pressure. Cryptollica's notes come as $XRP continues to take lumps alongside the rest of crypto. After recovering to around $1.55 in mid-May, the token got dragged down by the market-wide slump, falling to $1.36 by May 28. As May wrapped up, a broader rebound pulled $XRP back above $1.36. That relief rally, however, ran out of steam, and $XRP has since slid to $1.26 at press time — a 5.17% drop in June. The selloff has dragged RSI into territory Cryptollica considers a possible setup for a major move. For context, the zone in question is the area below 43 on the monthly RSI.

$XRP RSI Slips Back to Rare Oversold Zone. The analyst's chart confirms the zone is rare: $XRP has only entered it three prior times, with the current dip making it the fourth in the asset's 13-year run. $XRP RSI Monthly Chart | Cryptollica

The first visit was in January 2017, when $XRP bottomed at $0.003. The second came in March 2020, as the monthly RSI crashed to 43.75 alongside a price collapse to $0.1140 — the bottom of the 2020 bear market. The third was during the 2022 bear market, with prices hitting $0.2870 in June and the monthly RSI dropping to 43.91. Now, four years later, the monthly RSI has crashed back into this zone, with $XRP hitting $1.26. Each successive floor has been higher than the last. The current monthly RSI sits at 43.72, below the June 2022 and March 2020 prints.

What Happened Each Time? Here's the fun part: every time the monthly RSI hit this level, $XRP's eventual recovery turned into a massive upside move, though it sometimes took a while. After the January 2017 visit, $XRP shot up more than 110,000% to a peak of $3.31 by January 2018. After the March 2020 dip, it rallied 1,628% to $1.96 by April 2021. After June 2022, it climbed 1,084% to $3.4 by January 2025.

Cryptollica suggested each of these past occurrences played out just before the $XRP market saw a bullish reset. "The previous three were not normal pullbacks. They appeared near major cycle reset zones," the analyst said. Past performance, of course, does not guarantee future results. It remains to be seen if $XRP will repeat the upsurge from the last three times — but if it does, the price could push past the $3.66 all-time high.