XRP is currently trading near $1.08 following a period of intense selling pressure. Analysts at Bitrue Research examined historical data from January 2023 to identify patterns when the asset became deeply oversold, defined by a daily Relative Strength Index falling below 35.
Historical analysis shows that in 17 instances where the RSI dropped below 35, 12 cases resulted in gains over the subsequent 90 days, representing a 70.6% success rate. The median return during these periods was 9.1%, while the median maximum decline reached 21.8%.
Short-term recovery data remains less consistent, with a 50% success rate over 60 days and recovery within 30 days occurring in 11 out of 18 cases. Market conditions significantly influenced outcomes, as four of the five unsuccessful recoveries happened between October 2025 and January 2026.
Current technical indicators show the daily RSI reached 26.64 on November 9, with the price remaining below 50-day and 200-day moving averages. US spot XRP ETFs saw outflows of approximately $10.4 million on November 9, and the 20-day volume ratio is 0.45.
Analysts highlight three key price levels for monitoring: a potential decline toward $1.00 or $0.93 if the price drops below $1.036, a recovery signal above $1.18, and a major resistance zone between $1.32 and $1.48.
