Has XRP Hit Bottom This Time? Three Reasons Experts Cite for Buying
Has XRP Hit Bottom This Time? Three Reasons Experts Cite for Buying
XRP has entered an unprecedented oversold zone in its history and is on the verge of a technical rebound, with experts agreeing that the current price correction is not merely a decline but a final opportunity ahead of a massive redistribution of wealth.
According to a February 8 report by cryptocurrency-focused media outlet Bitcoinist, citing assessments from digital asset analysts, attention is centered on key indicators and market shifts that XRP holders should now watch closely. Analysts highlighted that XRP’s daily Relative Strength Index (RSI) has plunged to around 20, marking the lowest level in the asset’s history, and noted that such extreme oversold conditions have consistently preceded strong price recoveries in past cycles. They argue that the current downturn represents a point where selling pressure has peaked and an optimal window for buying demand to flow in.
The market recently endured a harsh test as XRP broke below the $1.60 support level and slid into a range between $1.26 and $1.43, yet on-chain data is sending notably positive signals. Analysts believe XRP is not merely following Bitcoin’s trajectory but is in a base-building phase aimed at forming its own bullish momentum. In particular, the sharp 18% surge recorded on February 6 is cited as tangible evidence of strong latent buying interest in XRP, aligned with a broader market recovery.
The technological evolution of the XRP Ledger (XRPL) and its expanding reach into institutional finance are also critical factors that holders must closely observe. Ripple has recently accelerated integration with traditional financial systems by strengthening institutional-grade decentralized finance (DeFi) capabilities through mainnet upgrades. Experts emphasize that as XRP begins to position itself as an alternative to SWIFT, which dominates an estimated $150 trillion annual cross-border payments market, its value as a practical liquidity hub is being reassessed.
The full rollout of Ripple-issued stablecoin RLUSD and increased regulatory clarity, such as the U.S. crypto market structure bill CLARITY, are key catalysts supporting XRP’s long-term upward trajectory. Ripple CEO Brad Garlinghouse’s goal of capturing a 14% share of the SWIFT market within five years is expected to be a significant variable that could dramatically boost XRP demand. Institutional investors are already reading these macro shifts, expanding their portfolios by using price levels below $1.40 as attractive accumulation zones.
Ultimately, XRP stands at a critical crossroads as it works off extreme oversold conditions near its technical limits and aims to leap forward as a next-generation global payment standard. Rather than being swayed by short-term volatility, this is a time to focus on historical bottom signals and the value of the vast financial infrastructure Ripple is building. With market fear at its peak, the current zone of deep conviction could become a historic inflection point capable of delivering the greatest returns when a new cycle begins.
*Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on it. The content should be interpreted solely for informational purposes.*
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