XRP Weekly Chart Looks Immense. Analyst States What’s Coming

Crypto analyst Cryptoinsightuk (@Cryptoinsightuk) has published a weekly XRP chart analysis that is drawing significant attention across the crypto community.

The chart spans over a decade of price history and presents a technical case built on three converging indicators. The setup is one he describes as looking “immense.”

What the Chart Shows

The weekly chart covers XRP price action from 2014 to present, plotted on a logarithmic scale against the U.S. dollar. XRP currently trades at $1.43416, up 3.33% on the week, with a high of $1.45705.

The analyst highlights two sets of signals on the chart. Yellow circles mark each instance where the weekly RSI dropped below 34. White arrows point to periods where XRP reached oversold conditions on that same indicator. Both signals have historically preceded significant price recoveries.

$XRP weekly chart looks immense.

Yellow circles show when the weekly RSI has touched below the 34 level, White shows when we've been oversold.

MACD is curling up from our most oversold reading EVER.

— Cryptoinsightuk (@Cryptoinsightuk) May 10, 2026

RSI Touches a Critical Level

The RSI currently reads 33.64 on the weekly close. That places it below the 34 threshold the analyst has identified as historically significant. Each prior touch of this level, visible at key points in 2015, 2019, 2020, 2022, and 2024, preceded notable upward price moves.

The current RSI reading sits at the lower boundary of that zone again. For longer-term traders, the weekly timeframe carries considerable weight. A weekly RSI reading this low reflects sustained selling pressure over multiple months, not a short-term fluctuation.

MACD Signals a Historic Low

The MACD is the centerpiece of the analysis. Cryptoinsightuk states the indicator is “curling up from our most oversold reading EVER.” The MACD values currently sit at 0.02955 for the MACD line, -0.22014 for the signal line, and -0.24969 for the histogram.

Visually, the histogram has compressed significantly and shows early signs of turning positive. The MACD lines are beginning to converge from a deeply negative position. Across the entire 10-year chart, no prior MACD reading reached this depth. That makes the current setup a historical outlier in terms of momentum exhaustion to the downside.

What Comes Next?

The analyst’s case rests on the convergence of all three signals occurring simultaneously. The RSI has touched below 34. The MACD is at a record low and curling upward. The price is compressing near the $1.43 level while the weekly chart absorbs more selling.

Prior cycles show that when these indicators aligned, XRP produced its most aggressive upward moves. The 2017 and 2021 rallies both followed periods where similar, though less extreme, conditions appeared on the weekly chart.