The crypto market rarely shows its hand before a major volatility event. Subtle signs are often hidden within long-term technical indicators, especially on the weekly timeframe. Recently, a notable observation was shared by analysts: the weekly RSI of XRP has reached the 33 level, a rare zone in history and often appearing before significant market movements.
Current XRP: Actual Data
Currently, XRP is trading at $2.07, with a 1.00% decrease in the past 24 hours. This figure reflects the market being under selling pressure, but the interesting part lies in what the long-term technical indicator is “saying.”
What Is a Bounce and Why Is It Important
A bounce (price reaction) is a basic concept in technical trading — when the price has been declining for a long time and selling momentum gradually weakens, a short-term recovery often occurs before the trend continues. For XRP, the possibility of a bounce from current levels is not an unfounded hypothesis but based on historical data and RSI behavior.
Weekly RSI: Why It Differs from Other Timeframes
The Relative Strength Index (RSI) measures momentum by comparing recent gains to recent losses on a 0-100 scale. However, the weekly RSI has a crucial characteristic: it filters out short-term noise and reflects broader market trends.
Unlike daily RSI, which can fluctuate frequently, weekly RSI moves slowly and only reaches extreme levels after prolonged weekly or monthly trends. When this indicator approaches the 30 (oversold threshold), it indicates that selling pressure has accumulated over a long period, not just a few days.
What Does the RSI 33 Historically Signify
History shows that whenever the weekly RSI of XRP approaches the 30 level, it signals that the oversold phase is gradually weakening. This does not mean an immediate reversal will happen, but rather that the downward momentum is diminishing.
In previous XRP market cycles, periods when the weekly RSI was heavily compressed often coincided with accumulation phases — times when the price could move sideways or fluctuate, but selling pressure was significantly reduced. After these phases, strong recoveries often occurred as overall market sentiment improved.
Why a Bounce From Here Is Not Surprising
Unlike a “trend reversal,” a bounce is a natural market reaction when selling momentum is exhausted. XRP at an RSI of 33 shows that sellers have been exhausted, and buyers are starting to look for opportunities. If demand increases, a price reaction from these levels is entirely predictable.
However, a bounce is only a short-term reaction. The bigger question is whether it will trigger a sustainable upward trend or just be a temporary recovery before selling pressure returns.
Technical Confirmation Remains Key
Although the weekly RSI provides an important signal, it should not be considered the sole proof. Sustainable bounces need to be supported by:
Reclaiming key technical price levels: If the bounce cannot break recent downtrends, it will quickly be invalidated.
Improved trading volume: A bounce lacking volume is a warning sign that demand is weak.
Market structure changes: Signs of a new uptrend are necessary, not just a technical rebound.
Without these factors, the RSI could remain suppressed at low levels longer than expected.
XRP Ahead: A Sensitive Timing
The weekly RSI at 33 places XRP at a critical junction. It is not a confirmation that a new uptrend is about to start, but a signal that the market is approaching a zone where exhaustion of selling momentum begins to trigger natural reactions.
If overall market conditions remain stable and demand grows, a significant bounce from here is entirely feasible. However, traders should prepare for both scenarios: a strong bounce or prolonged accumulation. What happens will depend on how the price moves in the coming weeks and the accompanying technical confirmations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XRP Weekly RSI at 33: What is a Bounce and Why Is It a Noteworthy Signal
The crypto market rarely shows its hand before a major volatility event. Subtle signs are often hidden within long-term technical indicators, especially on the weekly timeframe. Recently, a notable observation was shared by analysts: the weekly RSI of XRP has reached the 33 level, a rare zone in history and often appearing before significant market movements.
Current XRP: Actual Data
Currently, XRP is trading at $2.07, with a 1.00% decrease in the past 24 hours. This figure reflects the market being under selling pressure, but the interesting part lies in what the long-term technical indicator is “saying.”
What Is a Bounce and Why Is It Important
A bounce (price reaction) is a basic concept in technical trading — when the price has been declining for a long time and selling momentum gradually weakens, a short-term recovery often occurs before the trend continues. For XRP, the possibility of a bounce from current levels is not an unfounded hypothesis but based on historical data and RSI behavior.
Weekly RSI: Why It Differs from Other Timeframes
The Relative Strength Index (RSI) measures momentum by comparing recent gains to recent losses on a 0-100 scale. However, the weekly RSI has a crucial characteristic: it filters out short-term noise and reflects broader market trends.
Unlike daily RSI, which can fluctuate frequently, weekly RSI moves slowly and only reaches extreme levels after prolonged weekly or monthly trends. When this indicator approaches the 30 (oversold threshold), it indicates that selling pressure has accumulated over a long period, not just a few days.
What Does the RSI 33 Historically Signify
History shows that whenever the weekly RSI of XRP approaches the 30 level, it signals that the oversold phase is gradually weakening. This does not mean an immediate reversal will happen, but rather that the downward momentum is diminishing.
In previous XRP market cycles, periods when the weekly RSI was heavily compressed often coincided with accumulation phases — times when the price could move sideways or fluctuate, but selling pressure was significantly reduced. After these phases, strong recoveries often occurred as overall market sentiment improved.
Why a Bounce From Here Is Not Surprising
Unlike a “trend reversal,” a bounce is a natural market reaction when selling momentum is exhausted. XRP at an RSI of 33 shows that sellers have been exhausted, and buyers are starting to look for opportunities. If demand increases, a price reaction from these levels is entirely predictable.
However, a bounce is only a short-term reaction. The bigger question is whether it will trigger a sustainable upward trend or just be a temporary recovery before selling pressure returns.
Technical Confirmation Remains Key
Although the weekly RSI provides an important signal, it should not be considered the sole proof. Sustainable bounces need to be supported by:
Without these factors, the RSI could remain suppressed at low levels longer than expected.
XRP Ahead: A Sensitive Timing
The weekly RSI at 33 places XRP at a critical junction. It is not a confirmation that a new uptrend is about to start, but a signal that the market is approaching a zone where exhaustion of selling momentum begins to trigger natural reactions.
If overall market conditions remain stable and demand grows, a significant bounce from here is entirely feasible. However, traders should prepare for both scenarios: a strong bounce or prolonged accumulation. What happens will depend on how the price moves in the coming weeks and the accompanying technical confirmations.