XRP just printed a chart signal that only shows up near major market bottoms. The token closed July below its 1-month 50-period moving average for the second straight month, the first time that has happened since June 2024. Back then, XRP was sitting in its six-year buy zone before it erupted into the parabolic run that powered the last bull cycle.
The pattern now mirrors what happened in 2021 and 2022, right before the bear market bottomed. In both cases, the token dropped below that same moving average and started what looked like the final leg of a prolonged decline. If the script follows, the next major support sits at the 1-month 100-period average. But XRP's long-term Fibonacci channel structure suggests the real bottom could form even lower.
The RSI Signal That Matters Most
What makes this moment worth watching is the 1-month Relative Strength Index. Throughout XRP's history, the strongest buy signals have arrived when this indicator touched its Lower Lows trend line. Green circles on the chart mark those moments, and they've consistently preceded the biggest reversals. The RSI didn't actually make contact with that line in 2022, it just moved sideways instead, much like in 2020. That sideways drift gave later buyers a chance to accumulate near the actual bottom.
Right now the RSI is trading close to that Lower Lows line again. A direct touch or more sideways grinding could spark the next major buy signal. The whole process might take three to four more months, but if history holds, it would represent the strongest long-term entry point available on the chart.
This is informational analysis only, not financial advice. Always conduct your own research and consult a financial professional before making investment decisions.
