Julian Sawyer Named Wirex Independent Non-Executive Director
Julian Sawyer, co-founder and former chief operating officer of Starling Bank, has been appointed as an independent non-executive director at Wirex.
Bitrue AI study: XRP rose 90 days after 12 of 17 oversold readings since 2023, with no current buy signals.
COSTA RICA, Nov. 16, 2026 — A new report from Bitrue AI and Bitrue Research Institute reveals that XRP climbed higher 90 days after 12 out of 17 oversold readings dating back to 2023. The study, titled Oversold XRP: The Road to Recovery and the Signals to Watch, combines real-time market analysis from Bitrue AI with daily XRP/USDT data from the Bitrue exchange since January 2023. It addresses two key concerns for XRP holders as the token trades in oversold territory: historical outcomes under similar conditions and indicators that buyers are re-entering the market.
Bitrue Research Institute is the internal research division of Bitrue, the exchange that initially introduced XRP as a base pair.
The report begins with Bitrue AI's current assessment. XRP sits significantly below its one-year peak and is oversold on both daily and 4-hour charts. Bitrue AI reports a 4-hour Relative Strength Index (RSI) of 24, which it classifies as oversold, and highlights two concurrent risks: a potential sharp rebound or further decline.
Bitrue AI goes beyond merely labeling the condition. For XRP, it provides a working price band, a directional outlook, and a written rationale for its conclusion. Bitrue Research Institute recalculated the indicators used by Bitrue AI—including RSI and the Average Directional Index—using Bitrue's own market data and found them consistent with the AI's analysis.
Because Bitrue AI explains its reasoning rather than delivering only a signal, its assessment can be verified against the data, which is exactly what this study does.
The second part of the study examines every instance since 2023 where XRP's daily RSI dropped below 35, counting occurrences spaced at least 10 days apart. The institute identified 18 such events.
Of the 17 events with a full 90-day window, XRP was trading higher after 90 days in 12 cases. Across the entire period, XRP was higher 90 days later just over half the time. This means oversold readings have more frequently preceded recovery over a three-month horizon compared with an average day.
The report acknowledges the limitations of this finding. Over 60 days, oversold events were no more likely to end higher than any other day. Recoveries also rarely progressed smoothly.
In most cases, XRP dipped further after the oversold reading before rising, and the study notes that four of the five 90-day declines in the sample occurred in one stretch from October 2025 to January 2026. With fewer than 20 events, the institute presents the results as historical context rather than a predictive tool.
The third finding focuses on the sequence of recoveries. Bitrue Research Institute categorized every trading day since 2023 into one of four market states: a trading range, a transition zone, a confirmed uptrend, or a confirmed downtrend.
From conditions similar to today's, XRP has never moved directly into a confirmed uptrend. Within 10 days, a trading range formed first in 43.9% of cases, while a confirmed downtrend emerged first in 49.6% of cases. When recoveries did occur, they followed a base-building phase where price stabilized within a range before buyers gained control.
The report calls this the "base first" path. For XRP holders, the practical implication is that sideways trading after a decline has historically been part of how recoveries begin, not a sign that nothing is happening.
The study's core is a checklist of signals that would indicate accumulation is happening. The institute emphasizes confirmation over prediction, as early bottom-calling signals have performed poorly in the data.
The checklist includes three signals:
None of these signals are present today, and the report states this clearly. It also notes that the signals have tended to appear together rather than sequentially. In August 2026, for instance, the volume shift occurred on the same day as the breakout, not beforehand. The study presents the checklist as a way to confirm accumulation as it unfolds, not to predict it in advance.
The final section explores how traders can monitor these conditions using Bitrue AI. Bitrue AI strategies, available on the Bitrue AI strategy page, display their direction, price band, and rationale, and are updated every 15 minutes as conditions shift. The Spot Strategy tool also organizes strategies by short-, medium-, and long-term horizons, allowing users to match a strategy to their intended holding period.
Before starting a strategy, users set their own take-profit, stop-loss, and maximum drawdown limits. The report notes that the institute's own testing found trading bands must match holding durations, and a band suitable for a few days may not work over several weeks.
Bitrue AI is free for Bitrue users and operates on advanced large language models, including GPT, Claude, DeepSeek, and Grok, combined with Bitrue's market data.
“Oversold markets make traders ask whether the bottom is in,” said Ammy, AI Product Manager at Bitrue. “This report doesn’t answer that with a price target. It shows what has followed similar conditions and which signals would confirm that buyers are returning, and Bitrue AI is built to read those signals as they change and explain what it sees.”
Oversold XRP: The Road to Recovery and the Signals to Watch uses daily and 4-hour XRP/USDT data from Bitrue's public market data interface, cross-checked against an independent source. Indicators include RSI, the Average Directional Index, Bollinger Band width, on-balance volume, and an up-day to down-day volume ratio. The full methodology is detailed in the report.
The full report is available to download here.
Bitrue Research Institute is the in-house research arm of Bitrue. It studies digital asset markets using Bitrue's own data alongside public market and on-chain sources, focusing on XRP, market structure, and the role of AI in trading. The institute publishes regular market commentary and data-driven reports, and has been cited by international financial and crypto media. It collaborates closely with the Bitrue AI team, applying the platform's AI tools in its research and examining automated strategy behavior across different market conditions.
Founded in 2018, Bitrue is a global cryptocurrency exchange with over eight years of industry experience, serving more than 40 million users worldwide. It was the first exchange to list XRP as a base pair and continues to offer a wide selection of XRP trading pairs, along with tokenized real-world assets, staking products, Launchpool offerings, and Bitrue AI. Visit bitrue.com.
Bitrue AI is a beginner-friendly AI trading copilot designed to simplify AI trading through real-time strategies, continuous market adaptation, and Explainable AI that shows traders not just what to do, but why.
Disclaimer:
This report is for informational and educational purposes only. It is not financial advice, nor a recommendation to buy, sell, or hold any cryptocurrency. Cryptocurrency markets are highly volatile and involve significant risk of loss. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Not available in restricted jurisdictions, including the US, Canada, the UK, the EEA, China, and sanctioned countries. Not financial advice or an offer or solicitation of securities.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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