XRP's weekly Relative Strength Index (RSI) has declined to 33, a level that typically signals downside exhaustion and potential stabilization. Currently priced at $1.95, the cryptocurrency is being closely monitored by traders for signs of reduced selling pressure. Historically, such RSI levels on higher timeframes have been associated with volatility compression and gradual recoveries. On-chain data from Good Evening Crypto suggests that similar RSI conditions have previously led to stabilization and trend shifts. Traders are now watching for RSI stabilization, the formation of higher lows, or a reclaim of key moving averages as indicators of a potential trend reversal.