A lot of holders of XRP are currently asking, “Sell everything now?” The answer to this question depends on the first side that breaks out of an extremely tight range. XRP price today is trading close to $1.08After the token fell to some of its most oversold XRP levels in history, this setup is driving all new XRP predictions for this week.
XRP: Sell everything now: oversold levels, price today, 2026 rebound
XRP’s oversold levels have reached a high level, but the rebound is still not confirmed.
Before selling all of your XRP, anyone considering it should first look at charts. The monthly RSI is lower now than during the COVID crash of 2020, and last month the token reached a low around $1, a 72% drop from its previous high.
Crypto analyst CW stated:
“Short positions are being liquidated or closed during the current rise. Bearish bettors are cutting their losses during the rise.”
The short-covering can be a catalyst for sharp movements higher but rarely lasts without fresh purchasing behind it.
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The XRP price today is confined to a tight, coiled range
Each major moving-average, from the 7 to the 200 days, near $1.36 is above today’s XRP, keeping the chart from above capped and adding weight to those who are dumping their holdings. August is historically the most flat month for XRP, with an average return of just 0.43%. The token has also closed out the month in the red for four consecutive years. Even spot ETFs have been relatively quiet. Several July trading days showed no net movement, although total fund assets remained close to one billion dollars. Exchange outflows now come from whale wallets which move over 1 million coins. This indicates that the majority is due to an accumulation of money rather than panic sales.
CLARITY Act timeline determines if XRP will rebound in 2026.
CLARITY Act remains the most obvious catalyst for a XRP resurgence in 2026. However, the Senate still hasn’t scheduled a date for XRP to rebound. The August recess is only days away, so missing the window of opportunity may push back crypto legislation to 2030. Every XRP prediction that is based on a break above $1.12 relies heavily on the bill being passed before recess. The bullish price prediction for XRP would be supported by a confirmed close over $1.12. A break below $1.00 would return XRP to the same levels of oversold that were seen in the past month.
For the moment, XRP investors will have to decide if they want to keep their XRP. The $1.00 to the $1.12 price range is a good break for short term traders, but long term holders are relying on the whales and ETF demand in order to stay put until the XRP recovery 2026.
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Source: watcher.guru
