'XRP Is Oversold,' Analyst Reveals but Shares Potential Target

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News XRP flashes powerful signal XRP stays in range Advertisement XRP fell for four days at a stretch from a high of $2.41 on Jan. 6. XRP marked days of sharp declines this week, reaching as low as $2.06 on Jan. 8. XRP's price drop, contributed to by profit taking after a strong run at 2026's start, is entering its fifth day, with analysts now suggesting oversold conditions. According to crypto analyst Steph is Crypto, XRP is oversold. The analyst shared a three-week chart of XRP/USDT on Binance with the stochastic RSI below 25. An RSI reading of below 30 suggests oversold conditions. HOT Stories Crypto Market Review: Will Bitcoin Hold $90,000 Over the Weekend? Don't Write XRP off Here, Ethereum (ETH) $3,000+ Surge Plausible BNY Taps Ripple Prime to Pioneer Programmable Cash for Big Investors Morning Crypto Report: XRP Risks Becoming $2 Stablecoin, Coinbase Reveals 4 Proofs of Crypto Reset, '$10,000 Zcash' Advocate Ends Speculation on ZEC Developers' Scandal Ripple-Backed Evernorth to Expand XRPL Adoption 🚨 $XRP IS OVERSOLD!!! pic.twitter.com/x2BxHmS9tC — STEPH IS CRYPTO (@Steph_iscrypto) January 10, 2026 According to the chart shared, similar instances when XRP reached such RSI lows in 2023 and 2024 foreshadowed price surges of 256% and 857%, respectively. Advertisement In a separate tweet, the analyst predicts XRP reaching $5. "XRP will hit $5 before you know it," he wrote. XRP flashes powerful signal In another tweet, Steph is Crypto highlighted that XRP had just flashed a powerful signal on the weekly chart. Advertisement This is as the weekly RSI has broken back above its moving average. This is important because it usually only happens when momentum starts to shift decisively in favor of buyers. The analyst noted that since 2024, every previous RSI break above the moving average on the weekly time frame led to major gains and follow-through in price over the weeks after. A similar repeat in price action will now be watched if this historical trend is validated. XRP stays in range XRP continues to trade in a broad range between $1.77 and $2.41 since mid-November 2025. A five-day surge at 2026's start has caused XRP's price to surpass the daily MA 50 at $2, which capped its price action since October. It will be watched in the short term to see if XRP will convert this level into support to sustain bullish momentum. The next crucial breakout for XRP lies at $2.56, which coincides with the daily MA 50. A break above here might open the pathway toward $3 and $3.5. Meanwhile, institutional interest in XRP continues, as Evernorth recently announced its partnership with Doppler Finance to explore liquidity and treasury use cases. #XRP News #XRP #XRP Price Prediction