Foreign media reports indicate that XRP is currently attracting more attention not for short-term price fluctuations, but for changes in long-term momentum indicators. The report cites analysts who say that XRP's 2-month RSI is approaching 50, a level often considered a dividing line between strength and weakness that could influence market judgments on future trends.
The 2-month RSI becomes the focus
The report mentions that the 2-month RSI is used to observe momentum changes over a longer period and reflects market phases better than daily fluctuations. Analyst EGRAG CRYPTO believes that XRP may be repeating a path from previous cycles, namely, a rapid rise in momentum followed by a cooling down, a deeper correction, and then a possible new round of expansion.
According to this view, the most crucial level right now is whether the RSI can stabilize above 50. If this level is breached, it indicates that the correction phase may not yet be over; if it returns to the 52.85 to 55.45 range, some traders will see it as a further signal of momentum recovery.
Whale selling increases short-term pressure.
Besides technical indicators, significant changes in on-chain holdings are also impacting market sentiment. The report, citing Ali Charts, states that large holders have sold over 30 million XRP in recent days. Such reductions typically put pressure on short-term prices and amplify market concerns about further selling pressure.
However, the article also points out that some investors are still focusing on the longer-term structure rather than the large-scale selling itself. If long-term momentum does not weaken significantly, the reduction of holdings by whales may not change the market's overall assessment of the medium-term trend.
Regulatory expectations remain a potential catalyst.
The report also noted that the market remains focused on developments in US regulation. Some participants believe that if the Clarity Act proceeds, it could create a clearer regulatory environment for digital assets and increase institutional participation. For XRP, such policy changes are seen as a potential catalyst.
The article argues that if the speed of trading increases while the circulating supply tightens, XRP may face changes in supply and demand. However, at the current stage, the market's primary focus remains on whether the long-term RSI can hold above 50 and further return to the mid-to-strong range.
If momentum continues to recover, some analysts see a higher RSI level as a target for the next expansion phase; conversely, if the price falls below the key support level, the market may reassess whether the current correction has ended.
