XRP just reached its most oversold point on record, signaling a potential major rebound. According to market analyst Ash Crypto, the coin’s monthly Relative Strength Index (RSI) fell below levels last seen during the March 2020 crash, marking an extreme sell-off not witnessed before. This shows a rare moment where selling pressure could be draining.
Despite trading roughly 72% below its all-time high and hovering near $1 recently, XRP’s on-chain data paints an intriguing picture. Exchange reserves, particularly on Upbit, are shrinking as tokens move out of wallets controlled by exchanges. Binance still holds about 200 million more XRP than before the explosive rally in October 2025, but its trading activity has dropped by around 46%, indicating less XRP circulating in the market. This tightening of exchange supply typically precedes sharp price surges as fewer coins are available to sell.
Network Usage and Future Price Outlook
Beyond price action, XRP’s ecosystem shows growing strength. Daily active addresses climbed 2.3% to approximately 14,300 ahead of the upcoming XRPL Hackathon on October 24 25, highlighting persistent user engagement and rising developer interest. The growing buzz around AI-driven payments, tokenization of real-world assets, and decentralized apps adds to the network’s momentum.
Looking back, historical cycle patterns suggest potential price targets. A comparison of the current market structure to previous bull runs estimates XRP could reach around $33 based on 2017 trends, or about $7.70 using 2021 data. Averaging these figures points to a mid-range target near $20, which would represent a huge leap from its current $1.05 price. While nothing is guaranteed, the convergence of an extreme RSI signal, a shrinking liquid supply, and expanding network activity makes XRP one to watch closely.
This content is for informational purposes only and does not constitute financial advice.
