XRP's Rarest Signal Triggers Fresh Rally Speculation

XRP's weekly Relative Strength Index (RSI) has dropped below 30 for only the second time in its 12-year history, sparking fresh speculation about a potential price rally.

This rare signal occurred during the 2022 bear market when XRP's weekly RSI dropped to 28.09 after heavy selling pushed the price from $0.8519 to a June 2022 low of $0.2905. The second time came in last month, June 2026, when the weekly RSI fell to 29.6.

XRP's price has historically recovered well from such oversold signals. After falling below $0.30 in 2022, XRP gradually recovered before entering a strong bull market. By July 2025, XRP had climbed above $3.66, delivering gains of more than 1,100% from its lows.

Entrepreneur and popular crypto trader Lark Davis pointed out that XRP's weekly RSI has fallen into oversold territory only twice since the token launched. 'In 12 years, XRP has hit oversold on the weekly RSI. Two times. Not five times, not three times, just two times in 12 years.'