XRP's weekly Relative Strength Index (RSI) has declined to 33, suggesting potential oversold conditions that traders are closely monitoring. Historically, XRP has rebounded from similar RSI levels, although current market pressures persist. The cryptocurrency faces resistance between $1.97 and $2.10, with support around $1.76 to $1.77. A breakout above $2.69 to $2.84 could signal a reversal, making RSI a crucial indicator for short-term market direction.