Seeing a lot of “XRP is dead” takes around $1.30, but the higher timeframe indicators make it a bit less clear cut.

Weekly RSI has moved up from around 29 to the mid-30s, which is still low but historically that kind of recovery has shown up near cycle bottoms. On top of that, price keeps getting defended in the $1.27–$1.30 area, and there are signs of accumulation with outflows picking up.

MACD starting to turn from deeply negative levels is also interesting, even if it’s still early.

At the same time, it’s not like risk is gone — lose $1.27 and things could open up quickly to the downside again.

Feels like one of those spots where the data is quietly improving while sentiment is still pretty negative.

Curious how others are looking at it — do these technical signals actually matter to you here, or are you waiting for macro to flip before getting involved?