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Reading: XRP’s RSI at key level as analyst highlights 3 bullish chart signals
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COINTURK NEWS > Ripple (XRP) > XRP’s RSI at key level as analyst highlights 3 bullish chart signals
Ripple (XRP)

XRP’s RSI at key level as analyst highlights 3 bullish chart signals

In Brief

  • 🚨 XRP’s RSI dips to 39 as three major bullish signals align in November.

  • 📉 The Binance hack crash completed a key chart pattern and returned $XRP to trendline support.

  • 📅 In 2024, this triple setup triggered a 500%+ rally in XRP’s price.
İlayda Peker
İlayda Peker 23 seconds ago
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Crypto analyst Archie (known as @Archie_XRPL) has drawn increased attention from XRP traders after publishing a chart that spotlights three converging technical indicators. Archie’s analysis points to a rare alignment that previously preceded explosive gains in the XRP price.

Contents
The November 2024 precedentThe current setupMultiple bullish signals convergingWhat Archie is watching

The November 2024 precedent

In November 2024, XRP’s Relative Strength Index (RSI) measured at 39, landing at a crucial support zone. At the same time, the price was retesting a long-term ascending trendline. The combination of these factors triggered a sharp breakout, and XRP surged over 500% in the following weeks.

This powerful rally extended into 2025, eventually sending XRP to an all-time high of $3.65 by July. Archie emphasized the significance of these events, noting: “November 2024: RSI 39. Then it went parabolic.”

November 2024 saw RSI at 39, followed by a parabolic price move. In November 2026, RSI returns to the same level, and with an inverse head and shoulders pattern, the setup echoes the previous breakout as XRP tests its key trendline once again.

The current setup

Now, with November 2026 underway, XRP’s chart is showing the same trio of technical signals. The RSI is once again near 39 on the 2-day chart, and the price is testing the longstanding ascending trendline that provided critical support in mid-2024. Archie described the situation as, “Same RSI. Same month. Right on the line.”

A recent hack at Binance, one of the world’s largest cryptocurrency exchanges, sparked a sharp selloff, driving XRP’s price rapidly lower. Despite the quick drop and widespread panic, the price landed perfectly on trendline support. This decline also completed the right shoulder of an inverse head and shoulders pattern that has been developing since early 2026.

Mini dictionary: Relative Strength Index (RSI), a momentum oscillator, measures the speed and change of price movements on a scale from 0 to 100. Readings near 30 typically indicate “oversold” conditions, while readings around 70 suggest “overbought” levels. RSI is widely used to identify possible trend reversals or continuations in trading.

Multiple bullish signals converging

The inverse head and shoulders pattern has become clearly visible on the 2-day XRP/USDT chart. The head formed during the market correction in 2026, and the left and right shoulders appeared at higher price points on either side of this low.

This pattern is completing as XRP’s price returns to trendline support and the RSI hovers at 41. Archie refers to this as “peak synchronicity,” noting that each technical factor alone is noteworthy, but their convergence, particularly at nearly the same time of year as the 2024 breakout, makes the current scenario especially compelling.

SignalNovember 2024November 2026
RSI on 2-Day Chart3939-41
Trendline Support RetestYesYes
Inverse Head & ShouldersNot presentFormation completed
Outcome/Implication500%+ rallySetup signals possible breakout

What Archie is watching

Archie ended his analysis with a question rather than a prediction: “Is XRP about to do it again?” He did not provide a specific price forecast, opting to present the technical signals and let traders interpret the setup for themselves.

XRP is currently priced near $1.25. Should it break out from the inverse head and shoulders formation, while holding trendline support and seeing RSI improve, significantly higher price levels could come into view.

The previous occasion where RSI, trendline support, and a broad market setup converged sparked one of XRP’s largest historical rallies. Whether this scenario will repeat in November 2026 remains uncertain, but the chart has given traders a clear level to watch.

Archie’s identification of this rare triple alignment offers market participants an important technical signal, especially given the historical precedent for strong upward moves from similar conditions.

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İlayda Peker 31 October, 2026 - 8:21 pm 31 October, 2026 - 8:21 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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