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XRP Signal: RSI divergence on the daily timeframe developing, repeating the 2022 bottom pattern
On the daily chart, XRP is currently showing a positive RSI divergence—a familiar technical signal from the 2022 market bottom period. Currently, XRP is trading around $1.85, with the appearance of this pattern creating some expectations for a rebound.
Blockchain data indicates a fairly optimistic situation—long-term investors are reducing their selling pace, which is a positive sign of stability among sellers at lower price levels.
From a technical perspective, two price levels to watch closely: if XRP closes above $1.96, this will confirm a bullish reversal and open the potential for a stronger recovery. Conversely, if the price drops below $1.76, accumulated selling pressure could prolong the current correction phase.