Key Takeaways – XRP’s weekly RSI has entered oversold territory for only the second time in its 12-year history. – If XRP repeated that 1,100% gain from around $1.07, its price would climb to roughly $12.84. – Forbes ranked XRP as the fourth-best crypto investment.
XRP’s price has regained the spotlight after crypto analyst Lark Davis highlighted a technical signal that has appeared only twice in the token’s 12-year history, arguing the previous occurrence preceded an approximately 1,100% rally
The comments came as Forbes staff ranked XRP the fourth-best crypto investment this month, ahead of several larger digital assets — sparking speculation a massive rally could be ahead. Rare XRP Signal Flashes Again In a recent YouTube video, Davis said XRP’s weekly Relative Strength Index (RSI) had entered oversold territory for only the second time since the asset launched. He said the first occurrence marked “one of the most significant buying opportunities in the asset’s history.” “Price responded to one of the most violent moves in XRP’s history about two years after that signal came in,” he said.
However, Davis stressed that the setup is not yet confirmed and that history will not necessarily repeat. He added that confirmation would require XRP to reclaim its 200-week simple moving average. Davis also pointed to several additional bullish factors, including ETF inflows, whale accumulation, and growing on-chain activity, arguing they make the current setup different from previous cycles. “The setups that produce the biggest returns are rarely the ones that feel safe and confirmed,” he said.