XRP’s Stochastic RSI Hits 0.00, Indicating Rare Momentum Reset

XRP is currently trading in a zone that resembles conditions before its last significant breakout. Key indicators show reduced selling pressure and increased absorption by long-term holders. While cautious, this situation has sparked discussions about potential major movements as market confidence returns.

Momentum Reset on Higher Timeframe

  • The Stochastic RSI on XRP's 3-week chart is at 0.00, indicating exhausted selling pressure.
  • This level is rare and previously appeared during the 2022 bear market's depths.
  • Historically, such signals precede accumulation phases rather than immediate recoveries.

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The current setup suggests limited downside risk for XRP, with long-term holders absorbing supply and shifting from distribution to strategic positioning.

Emerging Market Rhythm on Long-Term Chart

  • A fractal pattern on XRP’s chart mirrors the 2016–2017 cycle, characterized by an ABC correction before a breakout.
  • The ongoing structure aligns with the final C-wave down to $1.87, on a shorter timeline.
  • If the pattern holds, XRP may be nearing the end of a shakeout phase, setting up for a strong upward move.

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