Key takeaways:
XRP kinds an inverted V-shaped correction sample on the each day chart, risking a 20% drop to $1.70.
A bearish divergence from the weekly RSI factors to rising downward momentum.
Declining each day lively and new addresses sign diminished transaction exercise and fewer demand for XRP.
XRP worth traded 18% beneath its Might peak of $2.65, and a convergence of a number of information factors alerts a attainable drop towards $1.70.
XRP’s inverted V-shaped sample hints at a 20% worth drop
XRP (XRP) worth motion between April 7 and June 2 has led to the looks of an inverted V-shaped sample on the each day chart.
This follows an preliminary climb that noticed XRP worth surge 62% from a low of $1.61 in a pointy restoration stopped by purchaser congestion on the $2.65 resistance stage.
Bears booked earnings on this rally, leading to a pointy correction to the present ranges. The relative power index (RSI) was going through down and dropped from 68 to 41 since Might 12, indicating rising downward momentum.
As the worth seeks to finish the inverted V-shaped sample, it might drop additional towards the sample’s neckline across the $1.72 demand zone, representing a 20% worth drop from the present worth.
Comparable sentiments have been shared by an analyst on TradingView, MasterAnanda, who mentioned that decreasing bullish momentum, coupled with rejection from key help areas, threatens XRP’s drop to sub-$2.00 ranges.
His newest XRP evaluation exhibits XRP has damaged beneath a rising channel, with three consecutive each day closes beneath the decrease trendline.
“It appears to be like like XRPUSDT can recuperate any minute now, however the bearish momentum continues to develop,” the analyst mentioned in an accompanying be aware, including that the altcoin would possibly proceed dropping till it reaches $1.72, the place it might discover help.
“The correction won’t be over.”
XRP’s bearish divergence
XRP’s draw back is supported by a rising bearish divergence between its worth and the relative power index (RSI).
The each day chart beneath exhibits that the XRP/USD pair rose between November 2024 and June 2025, forming greater lows.
However, in the identical interval, its weekly RSI descended from 92 to 51, forming decrease lows, as proven within the weekly chart beneath.
A divergence between rising costs and a falling RSI normally signifies weak spot within the prevailing uptrend, prompting merchants to promote extra at native highs as profit-taking intensifies and purchaser exhaustion units in.
The chart above additionally reveals that XRP faces stiff resistance between $2.50 and $2.65. Overhead strain from this space might proceed suppressing XRP’s worth over the following few weeks.
Associated: Value predictions 5/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
Declining XRP Ledger community exercise
The XRP Ledger has skilled a big drop in community exercise during the last two months.
Onchain information from Glassnode reveals that the each day lively addresses (DAAs) on the community are actually far beneath the year-to-date peak of 608,000 DAAs, recorded on March 19.
With solely round 31,200 each day lively addresses on the time of writing, person transactions have declined considerably, presumably signaling diminished curiosity or a insecurity in XRP’s near-term outlook.
New addresses have additionally dropped from a 2025 excessive of 15,800 each day to the present 4,400, suggesting declining community adoption and person engagement.
Declines in community exercise usually sign upcoming worth stagnation or drops, as decrease transaction quantity reduces liquidity and shopping for momentum.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.
