Rocket Move Brewing as Analyst Flags XRP as ‘Criminally Undervalued’ with RSI at 2022 Bottom Lows ⋆ ZyCrypto
The post Rocket Move Brewing as Analyst Flags XRP as ‘Criminally Undervalued’ with RSI at 2022 Bottom Lows ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Prefer Us On Google Ripple’s XRP hasn’t been immune to the recent crypto market drawdown, down 24% year-to-date and shedding more than $25 billion in market value. However, with the token currently trading at around $1.48, a popular analyst suggests that XRP could be ‘criminally undervalued,’ as its monthly RSI has fallen to levels not seen since 2022. XRP RSI Points To Pending Trend Reversal XRP should be trading higher than it is today. That’s the view of Doctor Profit, a widely-followed crypto analyst. Doctor Profit observed that XRP has already hit extreme oversold levels. To make his case, the market analyst called attention to the asset’s monthly Relative Strength Index (RSI), which recently hit record lows. As shown in the accompanying chart, XRP’s monthly RSI recently slipped to 43.7. Although this isn’t technically in oversold territory (<30), historical data from similar RSI levels, highlighted in the chart, suggests that these points have often marked market bottoms, with XRP eventually bouncing back. XRP’s monthly RSI last hit 43 in June 2022, during the Terra-Luna implosion, when the token plummeted from $0.91 to $0.2910, marking a key RSI bottom. Advertisement
  That RSI’s recovery from oversold conditions proved to be a bottom for XRP, with the token climbing to $0.5574 three months later and eventually hitting $0.92 by July 2023 on the back of a favorable ruling in Ripple’s lawsuit with the U.S. Securities and Exchange Commission (SEC). Doctor Profit emphasized that he issued a buy signal in his premium group, noting that the recent drop in XRP’s monthly RSI to historic lows could present a potential entry point for investors. He added that higher prices may emerge in the coming weeks, but warned that caution is still warranted. When XRP’s RSI hit similar lows in…
Filed under: News - @ March 16, 2026 4:24 pm