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XRP tests critical $1.29 support as RSI hits historic low, signaling potential recovery or further drop.

Technical Signals
17 Sep 2026
Tokenpost
View Source
Neutral
XRP tests critical $1.29 support as RSI hits historic low, signaling potential recovery or further drop.

XRP's price is near $1.29 after a sharp correction pushed its two-week Relative Strength Index (RSI) to the lowest level in its 13-year history, indicating extreme oversold conditions. Analysts note this RSI level is below past major market downturns, suggesting XRP might be near a cycle bottom, especially as it trades close to long-term channel support. However, XRP remains between key moving averages, and a drop below $1.29 could lead to a further decline toward $1.00. The situation presents a critical technical juncture where holding support may lead to stabilization, but failure could signal more downside risk.

XRP trades at Rp23.170 on Pluang as of Sep 18, 2026 00:31 WIB, showing a 3.59% gain in the last day. The market cap stands at Rp1.451,13 trillion with a 24-hour volume of Rp69,32 trillion. Despite the article's focus on a $1.29 support test, Pluang data shows more buying interest with 33% buy orders and a typical hold time of 71 days.

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