I just reviewed the XRP charts and things look interesting. The RSI of the XRP/Bitcoin pair dropped to 24, almost the lowest level we've seen in months. That typically signals severe oversold territory, and historically has been a turning point in previous cycles. Additionally, Ripple's on-chain metrics show that the MVRV Z-score is near zero, meaning most holders are essentially at their cost basis. Less incentive to sell, more accumulation.

What catches my attention is that the XRP price has maintained strong support since early February. If buyers manage to hold it, we could see a rebound toward higher resistances. Of course, if it breaks downward, there will be more bearish pressure. For now, consolidation continues, but historical patterns suggest that after such prolonged declines, sharp recoveries often follow. Everything is there: extreme oversold conditions, on-chain accumulation, defended support. We'll see if the market reacts.