XRP shows oversold signs after five consecutive days of decline, having previously fallen from the high of $2.41 on January 6. Analyst Steph is Crypto pointed out that XRP's Relative Strength Index (RSI) has dropped below 25. Historical data from 2023 and 2024 indicate that similar situations typically precede significant increases of 256% and 857% in XRP. The analyst also emphasized that the RSI on the weekly chart of XRP has broken above its moving average, which is a bullish signal; this pattern has previously triggered notable rallies. Currently, XRP's trading price fluctuates between $1.77 and $2.41. If it can break through the key level of $2.56, the target price could reach $3.50.