XRP Signals Possible Bottom After Long Downtrend

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XRP/BTC daily chart. Source: Cointelegraph/TradingView

XRP may be nearing a macro bottom after months of decline, with key indicators flashing signals seen before previous rallies. The RSI on the XRP/BTC pair has dropped to deeply oversold levels, historically linked to strong reversals.

Past instances of similar conditions have led to major breakouts, with XRP gaining up to 300%+ against Bitcoin. Combined with long-term consolidation support, the current setup suggests that downside momentum could be fading.

[johnblockbuster]

every dip is the bottom until the next one