XRP has plunged into extreme oversold territory, with the daily Relative Strength Index (RSI) near 20 — the lowest level on record for the token. The pseudonymous crypto analyst Ripple Bull Winkle, posting on X, says historical instances of similarly low RSI readings have been followed by relief bounces in the 15–40% range, typically materializing within about two weeks.
Despite recent losses that broke key support levels and a brief dip below $1.30, XRP was trading around $1.40 at the time of reporting. The analyst argues the conditions may be setting up for a meaningful recovery, and based on the recurring RSI pattern he forecasts a relief rally to roughly $2.20–$2.50, potentially occurring before the end of February 2026. He identifies this scenario as the highest-probability bullish outcome so far this year.
On his chart, Ripple Bull Winkle highlighted several resistance zones where selling pressure could reappear: approximately $1.80–$1.91, $2.06–$2.19, $2.29–$2.41, $2.67–$2.78, and a higher band near $3.10–$3.18. Upward arrows on the chart indicate his expectation that, if XRP regains momentum, it could push through these stacked resistance levels and potentially trigger a bullish breakout or a sustained rally.
CoinMarketCap and TradingView data cited by the analyst showed a short-term recovery of more than 10% over 24 hours, with XRP trading above $1.40 at the time of the report. He bases his projection on the historical reliability of extreme RSI bounces, but he and the report caution that all forecasts are subject to broader market conditions and risk factors that could change outcomes.