XRP's monthly relative strength index has dropped to 42.7, a level that in the past has preceded major price rallies. The cryptocurrency's price fell over 10% in June 2026, touching multi-month lows around $1.18 and losing 9% in the last week alone.
RSI at historic low
The RSI reading of 42.7 is near the same zone where the indicator sat three times before: November 2015 (46.7), March 2020 (43.7), and August 2022 (43.9). Each of those lows came before significant moves upward. In March 2020, XRP bottomed near $0.104 and climbed to $1.97 by April 2021. After an August 2022 RSI of 43.9 at $0.31, the token rallied to $3.40 by January 2025.
Price at structural support
XRP is currently trading just above the lower boundary of a long-term ascending channel that has guided its price since 2017. Every time the token has tested that channel's lower support, it has eventually moved toward the upper boundary. The $1.18 level is a key test — analysts are watching whether history repeats.
What the analyst says
Analyst Celal Kucuker highlighted the combination of price at structural support and a low monthly RSI as a rare dual condition. The same setup has preceded rallies before, but whether it does again remains an open question. XRP's recent 10% decline this month adds pressure as it sits near the support line.
