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Breaking News: Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons
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Breaking News: Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons

This XRP Move Has Only Happened 4 Times In History And Here’s What Happened Each Time

Scott Matherson
Scott Matherson
Last Updated: June 3, 2026 11:30 pm
3 mins read
XRP

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The XRP price has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone has historically preceded explosive price rallies for XRP. Each rally, however, came after a long consolidation phase and a series of price declines that pushed XRP toward a bottom.  

XRP Reenters Oversold RSI Zone That Led To Mega Cycle Rallies

On June 1, Cryptollica stated on X that XRP’s monthly Relative Strength Index (RSI) has entered its fourth deep oversold reset zone across its entire 13-year trading history. The RSI is currently sitting around 42. While this reading does not signal fully oversold levels yet, the analyst treats it as similar to those observed in previous cycles.

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He noted that this reading had occurred during the 2014, 2017, and 2022 cycles, and now again in early 2026. In each of those cycles, XRP staged strong parabolic price rallies whenever its monthly RSI reached oversold levels. Based on the analyst’s report, this zone had acted as a critical reset point for XRP, often marking cycle bottoms after an extended downtrend. 

Looking further back, the 2013 cycle showed a similar structure. XRP had traded within a tightening triangle pattern for a long period, repeatedly testing the lower boundary of the formation before finally confirming a bottom. That price floor aligned with the oversold RSI zone, which ultimately triggered a sharp breakout that pushed XRP above $0.5 and established a new cycle high. 

XRP
Source: Chart from Cryptollica on X

A comparable structure appears to be forming again. Cryptollica’s chart suggests XRP has been trading within a long-term ascending channel since 2017, with a large triangle pattern forming inside it. This structure has broadly guided price action for nearly a decade.

During this period, XRP has tested the lower boundary of the channel three times, most recently following a pullback from the 2025 highs near $3. While price action remains under pressure, it is now approaching the apex of the triangle pattern. At the same time, the monthly RSI is aligning with lower levels, similar to the trend seen in the 2013 cycle. The cryptocurrency has now entered the same reset zone, suggesting a potential breakout could be on the horizon.

Analyst Sets Major Upside Targets For XRP

With the RSI reset zone now in place, Cryptollica argues that XRP may be positioned for a significant upward move if historical patterns repeat. The chart shared by the analyst outlines a potential breakout scenario driven by the long-term ascending channel structure.

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Pundit Says The Clock Is Ticking For XRP, Here’s What To Know

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Under this projection, XRP’s first major target is above $14, at the upper boundary of the channel. If bullish momentum continues beyond that level, the analysis suggests the move could extend toward $26, with a projected cycle peak of up to $50.

XRP
XRP trading at $1.24 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Freepik, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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