Renowned cryptocurrency market analyst Steph Is Crypto (@Steph_iscrypto) has identified a potentially powerful technical signal for XRP, predicting an unprecedented rally of up to 800%. His analysis centers around the stochastic RSI indicator’s historical correlation with major price increases for XRP. Analyzing the weekly timeframe, Steph highlights the current oversold position of XRP, signaling a strong upward potential in the near future. His observations are based on past occurrences where XRP’s entry into the oversold zone (below 20 on the stochastic RSI) preceded robust rallies that saw gains of 800%, 238%, and 165%. This historical data suggests a favorable scenario for investors, as Steph predicts a minimum three weeks of upward movement before the potential to extend further, perhaps into a broader bullish trend. He also points out that short-sellers are heavily concentrated near the $3.75 level, hinting at a possible price surge triggered by increased liquidations.