XRP News Today: XRP Monthly RSI Near 73 Sparks Cycle 3 Blow-Off Top Predictions

XRP’s monthly Relative Strength Index (RSI) has drawn significant attention from technical analysts, who are identifying a potential "Cycle 3 Blow-Off Top" based on historical market patterns. According to Egrag Crypto, a well-known cryptocurrency chartist, the RSI’s current trajectory is following a three-stage cycle that has historically led to explosive price moves. The first two cycles occurred during the 2017 and 2021 XRP bull runs, and the current Cycle 3 is now in its final stage, which could see XRP’s RSI reaching a peak of 97 [1].

The RSI pattern Egrag outlines begins with a strong price pump, followed by a correction phase, and culminates in a blow-off top—a sharp, speculative surge in price often seen at the end of a bull cycle. This framework has held true in past cycles, despite the 2021 rally being muted due to the ongoing legal challenges faced by Ripple. The current cycle appears to have completed the pump and correction phases, with the final leg potentially starting soon [1].

Egrag has outlined three potential RSI targets—80, 87, and 97—based on the historical trajectory of XRP’s RSI. A move above 90 would be a rare overbought signal and could mirror the conditions seen during the 2017 bull market, when XRP surged from under $0.10 to a high of $3.40. If this pattern repeats, XRP could break through its current all-time high of $3.65 and continue upward into the $4–$5 range or higher [1].

John Morgan, another analyst, has echoed similar sentiment, noting that XRP is aligning with broader market trends and has remained above the $0.3 support level. He emphasized the significance of the current RSI setup and its potential to signal a multi-year top [1]. Meanwhile, analysts at Mitrade have taken a more cautious stance, suggesting that XRP may face a short-term retracement despite the bullish indicators [4].

CoinLive and CryptoRank also highlight XRP’s sustained performance in line with the broader crypto market, noting the asset’s resilience above key support levels [3][5]. The overall market environment remains dynamic, with ETF-related optimism supporting major players like Ethereum and Solana. XRP’s unique position—shaped by its technology and legal developments—continues to draw investor interest [7].

At the time of analysis, XRP was trading at $3.12, with the monthly RSI reading at 73. While reaching an RSI of 97 remains a technical forecast and not a certainty, it could serve as a strong indicator of XRP’s potential to hit new price levels. Traders are now closely watching the RSI, volume activity, and resistance levels to gauge whether the predicted blow-off top will materialize [1].

Source:

[1] https://www.newsbtc.com/altcoin/xrp-monthly-rsi-points-to-cycle-3-blow-off-top-analyst-predicts-97-peak/

[2] https://cryptorank.io/news/tag/ripple

[3] https://www.coinlive.com/news-flash/873057

[4] https://www.mitrade.com/insights/news/live-news/article-3-1045775-20250817

[6] https://cryptorank.io/news/tag/crypto-market

[7] https://www.coinrank.io/