thecryptobasic.com
While XRP has struggled alongside the broader crypto market, an analyst suggests the 3-day RSI points to an imminent price upsurge.
Notably, the XRP price has failed to meet expectations over the last few weeks, as traders continue to wait for a solid rebound push that has failed to materialize. Since early October, each attempt at a recovery has faced a roadblock at lower resistance levels.
Specifically, when XRP staged a recovery in late September, it met a roadblock at the $3.09 resistance on Oct. 3. After a pullback, the next recovery met a roadblock at $2.69 on Oct. 27. From here, the next rebound effort faced a roadblock at $2.58 on Nov. 10. After this, the next roadblock stood at $2.28 on Nov. 24. Now, the latest roadblock came up at $2.21 on Dec. 4.
XRP 3D RSI Drops to November 2024 Lows
Despite this discouraging trend alongside a drop in bullish momentum, market analyst CryptoInsightUK remains confident that a full-blown XRP rebound may be imminent. He called attention to the signals from the 3-day timeframe, specifically pointing to the relative strength index (RSI).
For the uninitiated, the RSI typically tracks how quickly and strongly the price of an asset moves. While extreme figures show whether the asset is oversold or overbought, the direction of the RSI, whether up or down, also indicates whether the bears or the bulls dominate the market.
Since July 2025, when XRP reached the $3.66 top, the 3-day RSI has continued to trend down, confirming that the bears have had control of the market within this period. Amid this downturn, the RSI has collapsed to a low of 39, marking its lowest level since November 2024.
An Imminent Upsurge?
Interestingly, when the 3-day RSI saw this low back then, what followed was an impressive price surge for XRP, which resulted in a 580% uptick from $0.5 in November 2024 to $3.4 in January 2025. Expectedly, the RSI also surged alongside this price rally, indicating that the bulls had dominated the overall trend.
CryptoInsightUK’s analysis indicates that XRP may be gearing up for a similar upsurge. According to the market analyst, the 3-day RSI seems ready to “turn up” from the current position. While he failed to share any price targets for this imminent upsurge, if XRP replicated only half of the 580% rise last year, its price could rise from the current $2.06 to around $8.
Notably, CryptoInsightUK is not the only market commentator confident of a possible XRP rebound. Pundit Zach Rector also recently dismissed claims that XRP may not see any reasonable uptick before the U.S. Clarity Act becomes law, noting that the token has already demonstrated its penchant for growth “without a u laws.”
Meanwhile, crypto analyst Tara suggested in a recent market commentary that XRP must breach two resistance levels around $2.18 and $2.3 before soaring to higher levels around $2.73, which marked her Wave 3 high.