The The XRP price has reached the oversold levelwhich marks the lowest values in history. A crypto analyst has reported that every time XRP reached these levels, a price increase followed. Based on this, he believes XRP could be on the eve of a new great revivalpredicting a potential rally above $2.
XRP Price Drops to Oversold Levels Before Recovery
A crypto market analyst known as ‘Ripple Bull Winkle’ on X has done just that outlined a bullish short-term outlook for XRP. Despite consistency breaking major support levels and now trading around $1.4, the analyst argues that XRP could position itself for one substantial recovery that could eventually push the price back above $2.
Related reading
The basis for Ripple Bull Winkle’s optimism stems from a recurring historical pattern that, in his opinion, has never failed to cause a jump in the XRP price. In concrete terms, the analyst points to a recurrence Relative Strength Index (RSI) cartridge. He announced that XRP recently reached an RSI of 20 on the daily chart, marking the most oversold value in its history.
According to the analyst, there has always been a price increase of around 15-40% whenever XRP entered a similar extreme oversold zone. He said such rebounds typically occur within two weeks of reaching these levels. He also emphasized that this recovery has not been intermittent but consistent, reinforcing his confidence that XRP is likely to follow the same pattern and bounce back.
If all goes as expected, Ripple Bull Winkle predicts that XRP could see a relief to $2.20-$2.50 before the end of February 2026. He noted that a rally to this bullish target is the most likely event the market has seen this year.
Analyst shares multiple resistance targets for XRP
Looking at the accompanying price chart of Ripple Bull Winkle, he has marked several key resistance zones with red horizontal lines, indicating areas where XRP may encounter sales pressure or have difficulty moving forward. These levels range from around $1.8-$1.91 to $2.06-$2.19, followed by $2.29-$2.41, $2.67-$2.78 and a higher resistance band near $3.10-$3.18.
Related reading
Collectively, these levels serve as potential barriers that could slow price movement, as well as upside targets that XRP is expected to achieve. The upward-pointing blue arrows in the graph also indicate that the analyst is forecasting bullish breakout or a sustained rally towards the stacked resistance levels if XRP builds enough momentum.
At the time of writing, XRP appears to be is recovering from the recent downward trend. The price has risen over 10% in the last 24 hours and is currently trading above $1.4 after a brief period. fell below $1.3according to CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com