XRP price has been down more than 3% in the last 24 hours as momentum shows signs of slowing. While RSI has dropped below 40, indicating weakening strength, whale activity has remained stagnant, suggesting that large holders are not yet accumulating.

Additionally, EMA lines are nearing a potential death cross, which could lead to further downside if selling pressure increases. However, if XRP breaks key resistance levels and reclaims strong bullish momentum, it could set up for a rally toward $4 in February.

XRP RSI Is Currently Neutral, Below 40

XRP RSI is currently at 39.5, having remained in a neutral range since January 28, when it peaked at 58. The Relative Strength Index (RSI) is a momentum indicator that measures the strength of price movements on a scale from 0 to 100.

Readings above 70 indicate overbought conditions, often leading to a pullback, while levels below 30 suggest oversold conditions, where a rebound may be likely. A neutral RSI between 40 and 60 signals consolidation, where neither buyers nor sellers have clear dominance.

With XRP’s RSI nearing the oversold zone, it suggests weak momentum, which could lead to further downside if buying pressure does not increase.

However, for the XRP price to approach $4 in the coming weeks, the RSI would need to move back above 50, signaling renewed strength. That could happen with more positive developments around its ETF, or with a confirmed withdrawal of the SEC lawsuit.

A breakout above 60 would confirm bullish momentum, while a move past 70 could indicate an overheated rally. If RSI remains weak, XRP may struggle to maintain its current levels and could face further consolidation.

XRP Whales Are Moving Sideways Since January 21