Rocket Move brewing as analyst marks XRP as ‘criminally undervalued’ with RSI at 2022 lows ⋆ ZyCrypto

Rocket Move brewing as analyst marks XRP as ‘criminally undervalued’ with RSI at 2022 lows ⋆ ZyCrypto

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Ripple’s However, with the token currently trading at around $1.48, one popular analyst suggests that XRP could be “criminally undervalued” as its monthly RSI has fallen to levels not seen since 2022.

XRP RSI Points to Pending Trend Reversal

XRP should trade higher than today. That’s the opinion of Doctor Profit, a widely followed crypto analyst.

medical benefit observed that XRP has already reached extreme oversold levels. To make his case, the market analyst drew attention to the asset’s monthly Relative Strength Index (RSI), which recently hit all-time lows.

As shown in the accompanying chart, XRP’s monthly RSI recently fell to 43.7. Although this is not technically in oversold territory (<30), historical data of similar RSI levels, highlighted on the chart, suggests that these points have often marked market lows, with XRP eventually recovering.

XRP’s monthly RSI last hit 43 in June 2022, during the Terra-Luna implosion, when the token plummeted from $0.91 to $0.2910, marking a key RSI bottom.

The RSI’s recovery from oversold conditions proved to be a bottom for

Doctor Profit emphasized that it issued a buy signal in its premium pool and noted that the recent drop in XRP’s monthly RSI to all-time lows could present a possible entry point for investors. He added that higher prices could emerge in the coming weeks, but cautioned that caution was still warranted.

When XRP’s RSI hit similar lows in 2022, it took two years before the industry’s fifth-largest cryptocurrency surpassed the dollar in November 2024, as price action remained muted throughout the bear market.

If XRP is still in a bearish phase, a comparable delay could occur until the broader crypto market turns bullish.

Swap Supply Reduction Boosts XRP Bullish Potential

XRP supply on exchanges continues to decline, indicating accumulation and growing long-term investor confidence. As of Friday, the balance of XRP on exchanges fell to 12.8 billion, a level not seen since May 2021.

A declining exchange balance means there are fewer XRP tokens available for sale, easing pressure on the sell side. These outflows often indicate heavy accumulation by large holders, who move funds into cold storage, limiting immediate sales and increasing the likelihood of a short-term bounce for XRP.

XRP is currently trading 62% below its July 2025 high of $3.65.

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