The price of XRP has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone historically predates it explosive price rise for XRP. However, each rise came after a long consolidation phase and a series of price declines that pushed XRP towards the bottom.
XRP is re-entering the oversold RSI zone that led to the mega rally cycle
June 1 Cryptollica stated on X that XRP’s monthly Relative Strength Index (RSI) entered its fourth deep oversold reset zone in its entire 13-year trading history. The RSI is currently around 42. Although this reading does not provide a signal completely oversold levels however, the analyst treats them as similar to those observed in previous cycles.
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He noted that this reading occurred during the 2014, 2017, and 2022 cycles, and now again in early 2026. In each of those cycles, XRP staged strong parabolic price rallies whenever its monthly RSI reached oversold levels. Based on analyst reports, this zone has acted as a critical reset point for XRP, often flagging bottom of the cycle after an extended downtrend.
Looking back, the 2013 cycle showed a similar structure. XRP traded inside a tight triangle pattern for a long time, repeatedly testing the lower limit of the formation before finally confirming the bottom. That bottom price aligned with an oversold RSI zone, ultimately triggering a sharp breakout that pushed XRP above $0.50 and established a new cycle high.
A similar structure appears to be forming again. The Cryptollice chart suggests that XRP has traded within long-term ascending channel from 2017, with a large triangle pattern inside it. This structure has generally guided price action for nearly a decade.
During this period, XRP tested the lower limit of the channel three times, the last time after a pullback from 2025 highs near $3. While the price action remains under pressure, it is now approaching the top of the triangle pattern. At the same time, the monthly RSI is aligning with lower levels, similar to the trend seen in the 2013 cycle. The cryptocurrency has now entered the same reset zone, which suggests a potential breakthrough could be on the horizon.
Analyst sets major growth targets for XRP
With the RSI reset zone now in place, Cryptollica claims that XRP could be set for a significant move up are historical patterns repeating themselves. The chart shared by the analyst outlines a possible breakout scenario driven by a long-term ascending channel structure.
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According to this projection, XRP’s first major target is above $14, at the upper border of the channel. If the bullish momentum continues above that level, analysis suggests that the move could extend towards $26, with a projected top of the cycle up to $50.
Featured image from Freepik, chart from Tradingview.com
