XRP at a Crossroads: Sell Everything Now or Wait for a Rebound?

NewsTue, 04 Aug 2026 10:02:00 UTC1 hour ago
XRP at a Crossroads: Sell Everything Now or Wait for a Rebound?

Sell everything now is what a lot of XRP holders are asking themselves today, and the short answer depends on which side of a tight range breaks first. XRP price today is trading close to $1.08, squeezed between support near $1.00 and resistance around $1.12, after the token dropped into some of its deepest XRP oversold levels on record, a setup driving every fresh XRP price prediction this week.

Source: CoinGecko

XRP Sell Everything Now: Oversold Levels, Price Today, 2026 Rebound

Source: TradingView

XRP Oversold Levels Are Deep, But The Bounce Is Not Confirmed Yet

Anyone weighing whether to sell all their XRP right now should look at the charts first. The monthly RSI has fallen lower than it did during the 2020 COVID crash, and the token touched a two year low near $1 last month, down 72% from its all time high.

Crypto analyst CW said:

“Short positions are being liquidated or closed during the current rise. Bearish bettors are cutting their losses during the rise.”

Short covering can fuel sharp moves higher, but it rarely holds without fresh buying behind it.

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