XRP (CRYPTO: XRP) may be nearing a potential rebound as key support levels hold against Bitcoin (CRYPTO: BTC) and gold.

XRP Holds Key Range Against Bitcoin

Bitcoin has been trading within a defined range since early February, repeatedly testing both the upper and lower boundaries, trader Cryptoinsightuk said in a recent podcast.

While range highs often act as areas for potential reversals, they can also become breakout zones if buying pressure strengthens.

Meanwhile, XRP is currently trading near the lower boundary of its range against Bitcoin, a structure that has been in place since late 2024. If support continues to hold, the analyst said the pair could see a bounce from current levels.

XRP dominance is also sitting near the bottom of its broader range, suggesting relative strength could return if buyers step in.

However, the XRP/Ethereum (CRYPTO: ETH) trading pair remains largely directionless, with price moving sideways and showing no confirmed trend.

XRP vs Gold Signals Oversold Conditions

The XRP-to-Gold chart is attracting particular attention from traders. On the weekly timeframe, the relative strength index (RSI) has moved into oversold territory, a condition that historically occurred near major market bottoms.

Price is also testing a key support level aligned with a major Fibonacci retracement and prior order block.

If the RSI begins to turn upward while support holds, it could signal a potential reversal or period of relative strength for XRP against gold, the analyst said.

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