XRP Navigates Oversold Territory Around $2.48, Eyes Potential Reversal According to market analyst Steph is Crypto, XRP continues to traverse oversold territory, currently holding around the $2.48 0 price action reflects a period of consolidation after recent volatility, suggesting that traders are carefully watching for signals of a potential 1 conditions, often identified through technical indicators like the Relative Strength Index (RSI), signal that an asset has been heavily sold and may be undervalued in the short 2 XRP’s case, the token’s sustained position in this range points to mounting bullish interest, even as broader market sentiment remains 3 a result, prolonged oversold levels can often precede sharp rebounds when buying pressure 4 is expected?
Well, XRP’s oversold stance near $2.48 sets the stage for a potential bullish rebound. Ripple’s Meteoric Rise: From “Zombie Blockchain” to $180B Infrastructure Powerhouse Once dismissed as a 'zombie blockchain,' Ripple has emerged from the 5 Paul Barron notes that Forbes now hails it as a $180 billion infrastructure powerhouse, a stunning turnaround that begs the question: shouldn’t Forbes be predicting winners instead of reporting them post-victory? After enduring prolonged regulatory scrutiny, Ripple is finally emerging as a force to be reckoned 6 revival is not just a story of survival but of strategic 7 company is making bold moves that signal a shift from speculative cryptocurrency hype to institutional-grade financial 8 is strategically expanding through acquisitions, such as Hidden Road, not just to grow but to cement regulatory compliance and build infrastructure for tokenized 9 integrating these firms, Ripple is positioning itself as a trusted intermediary in the evolving digital finance landscape.
Furthermore, Ripple is building institutional-grade settlement rails, prioritizing financial institutions over retail or speculative 10 enabling faster, cheaper, and more transparent cross-border payments, Ripple is positioning itself as the backbone of a tokenized financial system, targeting the $187 trillion B2B cross-border market. Therefore, Ripple’s resurgence proves that regulatory hurdles and negative press don’t derail visionary 11 strategic acquisitions, institutional-grade solutions, and positioning XRP as the backbone of tokenized finance, Ripple is not just surviving, it’s reshaping global financial 12 XRP hovering near the $2.48 support in oversold territory marks a pivotal 13 technical footing, emerging bullish momentum, and solid fundamentals point to a potential rebound on the 14 the other hand, Ripple’s rise from a “zombie blockchain” to a $180 billion infrastructure powerhouse highlights its resilience and strategic 15 acquisitions of licensed custody and tokenization firms, development of institutional-grade settlement rails, and positioning XRP as the backbone of tokenized finance, Ripple is redefining digital 16 journey proves that with regulatory savvy, innovation, and a focus on real-world utility, even dismissed projects can transform entire industries—bridging traditional finance with the tokenized economy and setting a blueprint for blockchain as essential infrastructure.
Story Tags

Latest news and analysis from Coinpaper


