Money
XRP hits second oversold weekly RSI signal in 12 years amid institutional inflows
Lark Davis
XRP Crash - This Only Happened One Time Before (Here's The Data)
What was said
"In 12 years, XRP has hit oversold on the weekly RSI. Two times. Not five times, not three times, just two times in 12 years. The first time was one of the most significant buying opportunities in the assets history, at least in the last 5 years, let's say. The second time is well last week."
XRP has reached an extremely rare technical signal, hitting oversold territory on the weekly RSI for only the second time in its 12-year history. The first occurrence preceded one of the asset's most significant price rallies approximately two years later. This technical rarity coincides with XRP ETFs recording net inflows while Bitcoin ETFs experienced hundreds of millions in outflows, suggesting institutional money is rotating into XRP despite price weakness.
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- Lark Davis
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- XRP Crash - This Only Happened One Time Before (Here's The Data)
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Lark Davis