This XRP Chart Signal Hasn't Happened in 13 Years

XRP trades near $1.29 after a sharp correction pushed its two-week Relative Strength Index to the lowest level in the token’s 13-year trading history.

That extreme reading has sparked fresh debate over whether XRP has finally found its cycle bottom.

What This Record-Low RSI Reading Actually Means

Analyst Cryptollica highlighted the milestone in a widely shared post, noting the current two-week RSI near 33.5 has now dropped below the lows seen during the 2018 bear market, the 2020 COVID crash, and the 2022 crypto winter.

The accompanying chart shows XRP still sitting inside a long-term rising channel that has guided the asset through multiple cycles. Price currently rests near that structure’s lower boundary, an area that has historically provided strong support.

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The analyst argued the market may be misreading the moment entirely. Sentiment has collapsed, and short-term price action looks broken, yet the higher-timeframe trendline has not failed. The analyst wrote that almost nobody wants XRP when its chart looks this damaged, even though such extremes have often preceded major rallies.

EGRAG Crypto added supporting evidence, noting that XRP’s two-month RSI has re-entered a historical zone associated with prior bottoming processes, arguing that cycle behavior matters more than the exact number.

#XRP – Can You Read the 2M RSI Behavior? :📒NOTE: Forget the exact RSI number for a moment. Look at the behavior inside the green circles.Each time, #XRP enters this zone, momentum goes through a similar bottoming process before the next major expansion.And right now? We… pic.twitter.com/22c0hDM4np

— EGRAG CRYPTO (@egragcrypto) September 17, 2026

Is Every Analyst Convinced XRP Has Bottomed?

Not everyone agrees a bottom is confirmed. Technical analyst ChartNerd noted XRP remains compressed between the 20-week EMA near $1.29 and the 50-week EMA resistance around $1.52.

A sustained weekly close below $1.29, ChartNerd warned, could open a path toward the $1.00 psychological level. Lower highs and lower lows still appear on intermediate timeframes, suggesting continued consolidation rather than a confirmed reversal.

“Similar to failed closes above the 50 week EMA since the rise to $1.70, If $XRP witnesses daily/weekly closes below $1.29, the next support is back at $1.00. That’s how important the 20 week EMA retest that we just printed is. It has to hold or we dive,” ChartNerd said on X.

$XRP Parallel Channel Chop 🔪Lower Highs – Lower Lows ✅️All between the 50/20 WEMA's..Compression Phase ⏳️ #8HR https://t.co/MnpuYMQBEs pic.twitter.com/BHPKeDjh8O

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 17, 2026

CrediBULL Crypto offered a more constructive view, pointing to a related bottom-zone setup in which relative strength has already begun to improve from recent lows.

XRP now sits at a genuine technical inflection point. The record-low RSI, an intact multi-year structure, and heavy negative sentiment together create one of the more debated risk-reward setups in the current market.

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Right at our "bottom zone" so next leg should start soon and target is another 50+% outperformance against $XRP in the short/mid term. We are already up +35% from the bottom where I shared about the expected outperformance beginning. https://t.co/wNenEW8iA5 pic.twitter.com/OUriCDj3As

— CrediBULL Crypto (@CredibleCrypto) September 16, 2026

Whether this reading marks a true cycle low or just another stage in a longer bottoming process depends on price action ahead. Holding the long-term structure would strengthen the bottom case, while a decisive break below $1.29 would shift focus to deeper support.