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XRP's RSI Pattern Echoes 2022 Setup—Could All-Time Highs Be in Play?
The daily chart for XRP is flashing a bullish RSI divergence, eerily mirroring the technical backdrop from 2022. This divergence—where price makes a lower low while the RSI fails to follow suit—historically signals weakening downside momentum and a potential reversal.
What makes this setup noteworthy is the historical parallel. The last time XRP showed a similar RSI configuration, it preceded a significant trend shift. If the pattern holds, the cryptocurrency could be primed for an upside move, with all-time highs potentially back in the crosshairs.
Of course, technical patterns don’t guarantee outcomes, but when a major asset exhibits a setup this textbook-aligned with prior bullish inflection points, traders are right to pay attention. For XRP bulls, this divergence could mark the beginning of the next leg higher.