EGRAG Says XRP’s Historic RSI Drop May Set Up a Strong Rebound

EGRAG Says XRP’s Historic RSI Drop May Set Up a Strong Rebound

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News Editor 01
2026-07-24 00:25:16
Analyst EGRAG says XRP’s deep RSI reset has not broken its broader structure. He is watching RSI 44 as the first recovery signal, with 50 and 80 as higher momentum levels to monitor.
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XRP’s Relative Strength Index has fallen into one of the deepest resets seen in the asset’s history, yet analyst EGRAG CRYPTO argues that the broader setup may still support a major rebound. His view is straightforward: XRP’s larger market structure remains intact, and the current momentum collapse may be a deep retest rather than a full structural failure.

RSI 44 stands out as the first level bulls need to reclaim

In EGRAG’s latest chart, the first level to watch is the green support line near 44 on the RSI. He sees that area as an early signal of returning strength if XRP can move back above it. For now, the chart shows RSI trading below that threshold after the recent decline, leaving traders focused on whether the long stretch of weak momentum is close to ending.

His chart also points to higher RSI objectives near 50 and 80. In earlier XRP advances, those levels aligned with stronger market conditions. If they are reached again, the move would add weight to the case that XRP is not just bouncing technically, but entering a broader expansion phase.

The recurring “1-2-3” pattern remains central to the thesis

A major part of EGRAG’s argument is a recurring “1-2-3” structure that he says appeared during earlier XRP corrections. Similar formations, marked in red boxes on his chart, showed up across multiple cycles over the past decade. In those periods, RSI dropped into depressed territory, sentiment weakened, and momentum broke down before recovery followed.

Based on that framework, EGRAG says the present setup still fits the historical pattern. He does not treat the latest RSI breakdown as proof that the bullish structure has been invalidated. Instead, he describes it as something closer to a second retest inside an existing cycle pattern, even after significant damage to sentiment.

Past XRP cycles give context, but RSI must confirm the next move

EGRAG’s chart suggests that XRP’s deepest pessimism has often appeared near major turning points. That does not guarantee the same outcome this time, but he believes the similarity to prior cycles makes the current reset worth close attention. Market participants are now watching whether XRP can preserve those historical tendencies while reclaiming key momentum levels.

The next move in RSI may shape how this phase is interpreted. A recovery above 44 would strengthen the case for renewed upside, while progress toward 50 and 80 would point to much stronger conditions. EGRAG’s position is that one of XRP’s deepest RSI drops on record may still become the base for the next major rally if the historical pattern continues to hold.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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