📉 $XRP is in oversold territory... opportunity or trap?
Price at $1.43 (-5.36% in 24h)
🔹 1h RSI: 21.1 ← deeply oversold
🔹 4h RSI: 30.2
🔹 24h RSI: 46.7 ← neutral
Selling pressure is evident on shorter timeframes, while the broader trend remains intact, so a technical bounce is possible—but not guaranteed ⚠️
An RSI below 30 is not a buy signal by itself. I’m waiting for it to move back above 30, confirmed by a candle and trading volume.
💬 A near-term bounce or a deeper drop?
Personal analysis, not financial advice.
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