After recent declines, XRP has entered the “oversold zone” on several technical indicators — fueling optimism for a potential rebound.
Analysts point to RSI and trading volume data suggesting that selling pressure is easing. The 0.45–0.47 USD range is seen as a short-term support level; holding above it could allow XRP to retest the 0.50 USD zone.
However, market watchers note that a sustained recovery will depend on Bitcoin’s broader trend and the ongoing legal developments between Ripple and the SEC.
