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$XRP Stochastic RSI Drops to 0.00 on 3-Week Chart—First Time Since 2022 Bear Market Bottom
⬤ XRP is catching attention after a rare long-term technical signal appeared. The Stochastic RSI on the 3-week timeframe has dropped to 0.00—something that’s only happened once before in recent years. The previous occurrence lined up with the 2022 bear market bottom, marking a moment when downward momentum had completely exhausted itself and the market shifted into consolidation mode.
⬤ This reading shows selling pressure largely drying up rather than signaling an immediate price reversal. On such a high timeframe, the indicator only hits zero when bearish momentum has faded. Back in 2022, a similar signal kicked off a long accumulation phase before XRP eventually climbed higher, suggesting this pattern matters more for broader market structure than quick trades.
⬤ The chart shows XRP at a similar technical point to 2022, with the Stochastic RSI anchored at 0.00 again, indicating that bearish momentum has stalled on a macro level. While this doesn’t guarantee immediate gains, the recurrence of such a rare condition could shift sentiment among market participants watching for potential cycle lows.
⬤ This matters because XRP remains one of the largest and most closely tracked cryptocurrencies. The signal highlights a potential structural turning point that could influence how traders and investors approach positioning in the coming months.