YOU WILL HUNT DOWN XRP IN THE BACK
$XRP has just printed the lowest RSI reading of the past two weeks of its entire 13-year history.
Lower than in 2018.
Lower than during the 2020 COVID crash.
Lower than in the 2022 bear market.
Even so, the price remains above the long-term uptrend structure that carried XRP through several cycles.
This is the part the market is interpreting wrong. Sentiment has been destroyed, momentum has been washed out to a historical extreme, and the asset is being treated as if the story has already ended.
But this is exactly where the asymmetry becomes interesting. The market has already delivered the pain while the long-term structure is still alive.
Everyone wants XRP after the breakout. Everyone wants certainty after the move becomes obvious. Almost nobody wants it when the RSI is marking a 13-year low and the chart looks broken.
If this structure holds, today’s “dead XRP” narrative could turn into tomorrow’s “I should have bought right there” story.
When the crowd finally feels confident again, you might already be looking at XRP from the back.
$XRP has just printed the lowest RSI reading of the past two weeks of its entire 13-year history.
Lower than in 2018.
Lower than during the 2020 COVID crash.
Lower than in the 2022 bear market.
Even so, the price remains above the long-term uptrend structure that carried XRP through several cycles.
This is the part the market is interpreting wrong. Sentiment has been destroyed, momentum has been washed out to a historical extreme, and the asset is being treated as if the story has already ended.
But this is exactly where the asymmetry becomes interesting. The market has already delivered the pain while the long-term structure is still alive.
Everyone wants XRP after the breakout. Everyone wants certainty after the move becomes obvious. Almost nobody wants it when the RSI is marking a 13-year low and the chart looks broken.
If this structure holds, today’s “dead XRP” narrative could turn into tomorrow’s “I should have bought right there” story.
When the crowd finally feels confident again, you might already be looking at XRP from the back.
