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XRP hits record oversold levels, signaling potential major rebound amid tightening exchange supply.

Technical Signals
28 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP has reached its most oversold level on record, with its monthly RSI falling below extreme levels last seen during the March 2020 market crash. This suggests a possible major trend reversal as selling pressure eases. On-chain data shows declining XRP reserves on exchanges like Upbit and Binance, indicating a tightening supply that could fuel sharper price moves if demand returns. Historical cycle analysis points to a potential average target price near $20, supported by increasing network activity and strengthening fundamentals, making XRP a closely watched asset for a possible rebound.

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