XRP Touches Historic Oversold Levels, Echoing 2022 Bear-Market Bottom

XRP has reached historically oversold levels on its weekly RSI, echoing the token's 2022 bear-market bottom.

This is only the second time in XRP's history that it has touched this zone, according to data from Cryptoinsightuk and ChartNerd.

The current setup carries a stronger fundamental backdrop than the 2022 bottom, with Ripples legal clarity with United States regulators removing a major overhang and on-chain data showing steady whale accumulation through the recent price dip.