I noticed an interesting situation with XRP. The price has fallen by a quarter since the beginning of the year and is now at the lower boundary of a multi-year upward channel on the weekly chart. Additionally, the weekly RSI is forming a golden cross — when the line crosses its signal line from below upward. Currently, XRP is trading around $1.39.

What’s interesting is that historically, every time the price tested this lower boundary of the channel, a significant rally followed. In 2017, from the level of $0.003, the price jumped to $3.31 within a year. In 2024, a similar pattern occurred — it fell to $0.38-0.50, then rebounded to $3.4.

Right now, two signals are converging: the price is at the bottom of the channel plus a golden cross on the RSI. Based on previous cycle patterns, this could be the start of a new rally. Of course, this is not a guarantee — volume and support levels at these points need to be monitored. But the pattern is interesting.