Is XRP Near a Turning Point? Oversold Readings Clash With Key $150 Resistance

With technical stress and renewed accumulation, $XRP is swayed toward the mid-February catch between $xRP and new pile of money. The token has reverted from recent lows but is below a key resistance zone near $1 after one of its sharpest sell-offs in months. 50,’.

This stalemate signals, extreme oversold indicators, heavy capitulation volume and steady institutional inflows are fueling debate about whether $XRP is stabilizing or just pausing before another move lower.

But the latest collapse sprang up quickly, . During early January highs, $XRP dropped more than 30% from $1 to just shy of the $1. During the February 5 market-wide sell-off, 11 level was set for s during the January 5 sale-down. The slack coincided with the peak fear of crypto markets, as Bitcoin plunged toward $60,000 and broad liquidations erased hundreds of billions in market value.

$XRP’s price trends to the downside on the daily chart. Source: XRPUSD on Tradingview

Oversold Signals and Capitulation Volumes

The conditions of unusual momentum are ascribed to technical analysts as being the reason for such circumstances. On the weekly chart, $XRP’s Relative Strength Index slipped to levels historically linked with market bottom-bottoms rather than routine pullbacks.

However, analysts like STEPH IS CRYPTO note that these readings often reflect selling exhaustion (though they do not guarantee an immediate reverse).

The weight on that view is added to volume data, which adds weight to that . In the February 5 crash, $XRP posted its highest single-day trading volume on Coinbase in nearly a year –‘something some analysts believe is associated with capitulation’.

Blockchain Backer, whose previous January statement warned of a downturn had been the first to warn that such spikes often mark the later stages of an decline — even if prices still consolidate or return lows afterward, they continue to rally.

$XRP Dip Buyers Step In as Institutions Hold Interest

While retail sentiment weakened during the drop, several high-profile investors publicly disclosed dip buying.

Patrick Bet-David, a media personality, confirmed adding to his $XRP role at the sell-off following similar revelations from market commentator Coach JV. Neither they described their purchases as short-term or short term trades, but instead were long-lasting accumulations of goods.

This is a similar story from institutionsal data. Last week, $XRP was the only major crypto asset to post positive ETF flows (about $45 million in net inflows) while Bitcoin, Ethereum and Solana products were outflowed.

The bulk of that demand came from Franklin Templeton and Bitwise $XRP ETFs, suggesting some institutions are still exposing themselves even though prices continue to suffer.

The $1.50 Level Remains the Line to Watch

Technical resistance is firm, even though technical resistance remains strong despite the rebound. $XRP still trades below former support zones between $1 and $1. 50 and $1. Currently, 65 is the supply of s (which are now used as an example). Until the price recovers these levels and begins to form higher lows, recent gains should be considered corrective by analysts.

Currently, $XRP sits at a crossroads. While oversold conditions and steady inflows suggest selling pressure may be easing, the market has yet to confirm a wider trend change. How well does $XRP behave around the $1, and if it can turn stabilization into a sustained recovery likely depends on how it works. 50 resistance in the days ahead of .

Cover image from ChatGPT, XRPUSD chart on Tradingview

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