XRP [Photo: Reve AI]

While XRP holds the $1.25 to $1.30 support line, technical and on-chain indicators are showing bottom signals.

Cointelegraph reported on April 11 that XRP has been in a downtrend for eight months, but some indicators have reached levels similar to past macro-bottom zones.

TradingView data showed the relative strength index (RSI) for the XRP/BTC ratio fell to 24. That marks the strongest oversold zone since October 2025. In the past, daily RSI readings at this level have served as a starting point for XRP to rise 65 percent to 345 percent against bitcoin.

The fact that the XRP/BTC ratio is moving within a long-term range also stands out. This zone has served as the starting point for sharp rebounds in the past. In June 2025, after bottoming out around this area, the XRP/BTC ratio rose 61 percent and the XRP price gained 92 percent to $3.66.

On-chain indicators showed a similar pattern. XRP’s MVRV Z-score is currently hovering around zero. That means many holders are near breakeven, reducing selling pressure and potentially limiting further downside. Similar patterns appeared in 2021, 2022 and 2024, followed by large gains.

In late 2024, the MVRV Z-score fell to a similar level and XRP formed a macro bottom around $0.30. XRP/USD then climbed 500 percent over several months to above $3. The 0.80 MVRV price band, seen as a cycle-bottom zone, is currently at $1.14, overlapping with the 15-month low recorded on Feb. 6. These indicators suggested XRP has entered an undervalued zone and could rise above $1.70 if the recovery continues.

In the short term, holding the $1.25 to $1.30 zone is key. Trader Chifrat said on X on April 11 that XRP has maintained a major support area of $1.30 to $1.25 since early February 2026. About 1.73 billion XRP were counted as bought in that price range.

Below that zone, $1.15 is presented as the next line of defence. The 200-week simple moving average is located at that level. If XRP/USD falls below it, it could slide to $0.80, the target of a bearish flag pattern. Cointelegraph reported that for buyers to regain control, XRP/USD would need to be pushed up to around $1.61.

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#XRP #Bitcoin #TradingView #Cointelegraph #MVRV Z-score
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