XRP Reaches Historic Oversold Levels, Analyst Predicts Major Bounce
The digital asset XRP has recently plunged into historically oversold territory, a technical signal that a prominent crypto analyst believes is a prelude to a substantial price rebound. This latest downturn has pushed XRP to its lowest Relative Strength Index (RSI) readings ever recorded, sparking optimism among some market observers for an impending recovery.
Historical Patterns Point to Imminent Recovery
Crypto market analyst "Ripple Bull Winkle," renowned for his insights on X, has presented a bullish short-term outlook for XRP. His analysis is rooted in a consistent historical pattern: every instance where XRP's daily RSI has dropped to extreme oversold levels, such as the recently observed RSI of 20, a price surge of approximately 15-40% has reliably followed within a two-week timeframe. Despite recent breaks below key support levels, with XRP currently hovering around $1.4, the analyst argues this pattern reinforces the likelihood of a significant upward movement rather than further decline.
Key Price Targets and Current Momentum
Leveraging this historical precedent, Ripple Bull Winkle projects that XRP could experience a relief bounce reaching between $2.20 and $2.50 by the close of February 2026, identifying this as the highest-probability market event of the year. Examining his accompanying charts, several resistance zones have been marked, ranging from $1.8-$1.91 to as high as $3.10-$3.18, indicating potential areas of selling pressure. However, visual cues on his chart, such as upward-pointing blue arrows, signify an anticipated bullish breakout or a sustained rally towards these resistance levels, assuming XRP can build sufficient momentum. As of this report, XRP is already showing signs of life, rebounding over 10% in the last 24 hours and trading above $1.4 after a brief dip below $1.3, aligning with the analyst's predictions of a bounce from its deeply oversold state.