XRP is trading near $1.39 after a long decline, and market commentator Doctor Profit says the token looks “criminally undervalued” with the Relative Strength Index now in oversold territory. He said the latest RSI reading resembles the setup seen at the December 2022 market bottom.
Doctor Profit made the comment while reviewing XRP’s recent technical indicators. He also pointed to an earlier buy signal that appeared around $1.37. The near-term setup is straightforward: the signal may matter only if current support levels continue to hold.
Downtrend has remained in place since September 2025
Before this slide, XRP spent a long stretch in an accumulation range. From 2022 through mid-2024, the asset traded mostly between $0.30 and $0.60, with buyers repeatedly defending that band. A strong breakout followed in 2025, pushing XRP above $2.00 and later into the $3.30 to $3.40 area.
That advance later reversed. Since September 2025, XRP has moved in a sustained downtrend, falling from about $3.10 to near $1.39 by March 2026. Charts show a pattern of lower highs and lower lows, while the 50-day moving average remains below the 200-day average, a structure that still reflects bearish pressure.
Traders are watching support at $1.30–$1.35
XRP is currently changing hands between $1.35 and $1.40. Support is seen around $1.30 to $1.35, while resistance sits between $1.45 and $1.70. According to the report, a break above $1.70 could open the way toward $2.00. If $1.30 fails, another move down toward $1.20 could come into view.
This support zone is being watched closely because it lines up with a rising moving average and an earlier resistance area. Volume data also showed spikes during major sell-offs. In early February 2026, heavy selling briefly pushed XRP near $1.25 before the market stabilized.