XRP RSI Turns Oversold as Analysts Flag Key Market Window

• XRP’s weekly RSI near 32 signals oversold levels, often followed by strong rebounds.
• XRP eyes CLARITY Act and FOMC as key catalysts for potential price upside
• XRP averages 24.8% April gains; current price suggests potential move to $1.68.

XRP is up 1% to around $1.35 at press time, outperforming a slightly rising Bitcoin while trading volume surged 32.4% to $1.41 billion. This uptick comes as traders begin to focus on signals that could shape its price direction in the coming months.

Analyst Arthur flagged something important on the weekly chart. XRP’s weekly RSI has dropped to around 32, placing it into historically oversold territory. The last few times the weekly RSI reached these levels, XRP followed with strong accumulation phases before price recoveries.

“Is the weekly chart flashing a long-term bottom signal?” the analyst asked. For longer-term holders, oversold readings on the weekly timeframe have been the moments that rewarded patience most.

A Calendar Full of Catalysts

What makes the current setup particularly interesting is the upcoming events, each of which could impact XRP’s price and regulatory standing.

The first is the possible signing of the CLARITY Act around April 3, which would formally define crypto assets as either commodities or securities, reducing the legal uncertainty that has held institutional adoption back for years. XRP stands to benefit from clear commodity classification.

The FOMC meeting on April 28 and 29 will give markets the Federal Reserve’s latest decision on interest rates, a key driver of liquidity across all risk assets, including crypto. 

What Analysts Are Saying

Analyst Jake Claver said that key market opportunities often emerge before they are widely recognized, noting that demand for liquidity tends to rise ahead of major announcements. He emphasized that trading volume is often the earliest signal, but many investors only react once price confirms the move, by which point positioning may already be late.

He added that investors may need to consider building positions ahead of the next announcement cycle rather than waiting for confirmation signals.

Meanwhile, historical data adds another layer of interest. Over the past several years, XRP has seen an average price increase of 24.8% in April. Based on its current price of around $1.35, that historical pattern would point to a potential move toward $1.68.

Related: XRP Price Prediction: Whale Accumulation Rises But Bears Defend $1.40