Has XRP Already Bottomed Out? Is a Major Comeback on the Horizon?
XRP may have already hit its bottom, according to evidence supplied by a prominent market observer. The analysis follows the continuous drop in the price of XRP, which has been going on since February 2025. This decline has been brought on by a carnage in the U.S. stock market and a wider market meltdown fueled by macroeconomic concerns.
Expert Steph (@Steph_iscrypto), amid the slump, has identified what he believes to be evidence that XRP prices might not fall again. The daily XRP chart from February 28 to March 11 showed a favorable divergence, which the analyst notably highlighted.
XRP Drops to $1.89, But RSI Tells a Different Story
Steph’s chart data demonstrates that on February 28, XRP fell to a low of $1.94. Following President Donald Trump’s declaration of the strategic reserve, the asset rebounded a few days later. However, on March 11, it fell once more to a lower low of $1.89. The performance of the Relative Strength Index (RSI) diverged over time. For comparison, the RSI fell to 32.72 on February 28, when XRP fell to $1.94. However, the indicator reached a higher low of 43.34 on March 11 during the decline to $1.89.
Steph says the positive divergence might mean that XRP has already had a bottom in the current downturn. It is noteworthy that this could confirm that the asset may not drop below the $1.89 level from March 11, even though it may not immediately portend an explosive rally. For guidance, Steph cited XRP’s past performance. In 2022, he noted that XRP had a similar tendency during the bear market. Interestingly, market data shows that in June 2022, XRP saw a similar bullish divergence, falling to a lower low of $0.28, while the RSI experienced higher lows.
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