PANews reported on February 18 that Matrixport analysis pointed out that the recent trend of XRP against USDT has changed from long-term sideways to rapid growth, and the complexity of market chart analysis has increased. In trading strategies, the relative strength index (RSI) is a commonly used indicator. Historical data shows that when the RSI is close to 40%, the probability of XRP rebounding is higher, and when the RSI is close to 70%, it may enter an overbought state.

Currently, XRP's RSI is about 40%, and the technical side shows that it still has the potential to rise. Especially after the new US government takes office, the SEC may re-examine the lawsuit against Ripple Labs, which brings certain uncertainty to the market. Analysts believe that the recent rebound of XRP may have further room for upward movement.