2026-3-18 06:00 |
XRP may be flashing the kind of multi-factor bottom setup that has only appeared a handful of times before, according to analyst Will Taylor (@CryptoinsightUK), who argued in a video published Tuesday that the token is showing rare high-timeframe signals associated with prior cycle lows.
Taylor’s thesis is not built on a single chart. Instead, he pointed to a cluster of technical and positioning indicators across XRP/USD, XRP/BTC, XRP dominance, XRP versus gold, and broader altcoin market structure, arguing that “there’s going to be a move in altcoins” and that XRP could be among the main beneficiaries if crypto volatility resolves to the upside.
Why The XRP Bottom Could Be InOn the weekly XRP chart, Taylor said his broader view has not changed. In his reading, XRP already broke out of a long accumulation range that stretched from the January 2018 highs until late 2024, and is now trying to establish support for another leg higher. He identified the broad support region between roughly $1.38 and the mid-$0.60 area, with XRP currently “finding support in this region.”
The strongest part of the setup, in his view, is the weekly RSI. Taylor said XRP has only entered oversold territory a small number of times in its history, and that the first time it did so, it marked “the exact bottom” for the asset. “With XRP specifically when we hit this oversold area, this was actually our exact lows,” he said. “And we hit that area again now and we’re still at $1.50 in terms of dollar region. So, I think it’s quite promising to start with XRP on the weekly time frame.”
Related Reading: XRP Supply Tightens On Binance As Scarcity Index Signals Limited Liquidity
He paired that with another signal from derivatives positioning. Taylor said XRP funding had stayed negative for roughly seven weeks, a stretch he described as only previously seen around the 2022 bear market lows. In his words, “The only other time we’ve seen premium seven weeks negative and we’ve seen the RSI oversold was the absolute lows of the bear market in 2022. So that’s another positive piece of confluence there for XRP.”
Lower down the chart, Taylor focused on the three-day and four-hour structure. He noted that XRP closed above a three-day range for the first time since Feb. 3, which he sees as an early sign of strength, but said confirmation now depends on whether price can hold the breakout zone. The range he is watching sits roughly between $1.45 and $1.51, followed by a more important reclaim around $1.67. Above that, he flagged the $1.85 to $2.00 area as key weekly resistance.
Elsewhere, he said XRP is beginning to stabilize against Bitcoin at the bottom of a long consolidation range and has printed a higher high on the daily chart, suggesting that “there is some life at the bottom of this range.”
He also highlighted the XRP/gold chart, where weekly RSI conditions have, in his telling, only turned this constructive once before. “XRP against gold has for the second time in history crossed into oversold territory on the weekly RSI and we’ve actually crossed bullish,” he said. “The last time we did that again was right here for XRP against gold. We’ve done this from what I would consider key support.”
Taylor’s upside case also leans heavily on liquidity. He argued that short-side liquidity above spot is denser than downside liquidity below, particularly into the $1.90 area and, on a larger scale, up toward $3.60 to $4.30. If XRP can clear higher resistance levels, he expects short liquidations and open-interest resets to create the kind of cascading rally seen after prior range breakouts.
$XRP Technical Update. The Charts I’m Watching and Why https://t.co/jpdcrycjHT via @YouTube
— Cryptoinsightuk (@Cryptoinsightuk) March 17, 2026
That broader move, he suggested, may need a macro or regulatory catalyst, potentially tied to legislation such as the Clarity Act. But his cycle targets remain unchanged. “I’m targeting up here — $14 to $18-ish dollars,” Taylor said. “I’ll be deleveraging between $8 and $12 quite heavily and I’ll continue to delever into the $14 to $18.” For now, his message is simpler than the target itself: XRP may still be in a waiting room, but the analyst believes the market is much closer to a decisive move than the recent price action suggests.
At press time, XRP traded at $1.51.
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