The Crypto FGI Sees Extreme Fear Level, XRP May Experience 500% Surge

Market analyst Steph (@Steph_iscrypto) noted that the crypto Fear and Greed Index (FGI) has dropped to extreme fear, potentially setting up XRP for a significant surge.

Market Context

Amid macroeconomic concerns in the U.S., XRP faced a price crash, recording a modest 1.88% increase recently after suffering an 11.6% drop on February 24.

Crypto FGI Hits 5-Month Low of 25

On February 25, the FGI fell to 25, signaling extreme fear among crypto investors for the first time in five months. The index ranges from 0 to 100, with lower values indicating bearish sentiment.

Steph highlighted that in September 2024, when the FGI hit 25, XRP was valued at $0.5249. Following this, the price recovered significantly, reaching $3.4 in January 2025, marking a 547% increase before the U.S. elections.

Current XRP Indicators

Currently trading at $2.29, XRP shows a more favorable market position. The Relative Strength Index (RSI) is at 37.93, and the Commodity Channel Index (CCI) is at -144.81. These indicators suggest XRP is oversold and poised for a rebound.

If XRP replicates the previous 500% increase, this could push its price to an all-time high of $13.74. Chartered Market Technician Tony Severino previously indicated that XRP might claim a $13 price soon due to its bullish structure.