Crypto analyst EGRAG CRYPTO (@egragcrypto) has turned attention to XRP’s monthly chart, and the setup he sees has a familiar look. The Stochastic RSI is again approaching a level that has historically preceded strong bullish moves for the asset.
A Pattern With a Track Record
The analyst wrote, “History might be setting up to RHYME AGAIN!” He identified three distinct moments on the monthly chart where XRP’s S-RSI dropped near the 20 level. The first came in 2020. The second in 2023. Each time, the oscillator recovered and XRP followed with a significant price expansion.
The first sent XRP to $1.96 in 2021. The second led to the 500% rally in late 2024. Now, in 2026, the S-RSI sits in the same zone again. He labeled each of these moments as a “Fake Out” on the chart. The term refers to the appearance of a bearish breakdown in momentum that ultimately reverses.
#XRP – S-RSI FAKEOUT OR ONE FINAL TRIP HOME? 🏰🔥
GUYS, LOOK AT THE MONTHLY CHART! 👀
History might be setting up to RHYME AGAIN!
🔹 2020: S-RSI recovered from oversold territory → BULLISH EXPANSION!
🔹 2023: Similar momentum recovery → #XRP pushed higher!
🔹 2026: S-RSI… pic.twitter.com/zIt5nC59H2
— EGRAG CRYPTO (@egragcrypto) November 13, 2026
The HOME Trendline
Running across the monthly chart is a white ascending trendline that EGRAG CRYPTO calls “HOME.” It has served as long-term support across multiple cycles. XRP currently trades near $1.02, and his preferred scenario involves a retest of that trendline at around $0.90 to $1.
From there, he expects the S-RSI to confirm a bullish crossover. A reclaim of $1.20 to $1.25 would then signal the start of the next bullish expansion, in his view.
Where He Stands
The analyst is direct about his conviction. He writes that this “could be another S-RSI FAKEOUT rather than the beginning of a prolonged bearish reversal.” He sees the historical rhythm as a credible setup, not a certainty.
He also draws a clear line on risk. A “decisive monthly breakdown below HOME would challenge this thesis.” That level is the structural anchor for the entire setup. As long as XRP holds above it, his bullish read stays intact.
Watching for Confirmation
EGRAG CRYPTO is careful not to call a bottom. He pointed out that oversold conditions don’t mean the bottom is confirmed. Price action must follow before the thesis can be validated. The S-RSI signal is a condition worth monitoring, not a guarantee.
His three-step scenario requires a trendline retest, an S-RSI crossover confirmation, and then a reclaim of the $1.20 to $1.25 range. The monthly chart shows XRP has navigated this structure before. Whether 2026 produces the same result depends on how price responds to the HOME trendline.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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