Key results:
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XRP creates an inverted V -shaped correction pattern on a daily chart, risking a 20% drop to USD 1.70.
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Besidowa discrepancy from the weekly RSI indicates an boost in the momentum down.
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Falling daily vigorous addresses and fresh addresses The signal reduced transaction activity and lower demand for XRP.
The price of XRP was sold by 18% below its top 2.65 USD, and the convergence of several data points signals a possible drop in the direction of $ 1.70.
Tips for an inverted V XRP -shaped pattern with a 20% drop in price
The price of XRP (XRP) between April 7 and June 2 led to the appearance of an inverted V -shaped pattern on the daily chart.
This is in line with the initial climbing, in which the price of XRP increased by 62% from a low USD 1.61 in acute revival, which was stopped by the congestion of the buyer at the level of resistance of USD 2.65.
Bears reserved profits from this rally, which results in a acute correction to current levels. The relative force indicator (RSI) was directed down and fell from 68 to 41 from May 12, which indicates an boost in the shoot down.
Since the price is aimed at completing an inverted V -shaped pattern, it may fall towards the neckline of the pattern around the demand zone worth USD 1.72, which is a decrease in a price of 20% in relation to the current price.
Similar sentiments have been made available by a popular analyst on TradingView, Masterananda, who said that the reduction of the stubborn rush, combined with rejection from key support areas, threatens the decrease in XRP to levels below $ 2.00.
His latest XRP analysis can be seen XRP broke below the rising channel, with three consecutive daily closures below the lower trend line.
“It seems that XRPUSDT can now recover every minute, but the bears of the momentum are growing,” said the accompanying analyst, adding that Altcoin can still fall until he reaches $ 1.72, where he can find support.
“The correction may not end.”
XRP BEIDENCE
Minus XRP is supported by the growing discrepancy of the bear between its price and the relative strength indicator (RSI).
The daily chart below shows that the XRP/USD pair increased between November 2024 and June 2025, creating a higher minimum.
But at the same time his weekly RSI fell from 92 to 51, creating lower minima, as shown on the weekly chart below.
The discrepancy between rising prices and the falling RSI usually indicates the weakness of the prevailing growth, which prompts traders to sell more on local ups, because profits are built, and exhaustion of the buyer’s exhaustion.
The above chart also shows that XRP is directed to sturdy resistance from 2.50 to 2.65 USD. Over the next few weeks, pressure in this area can still suppress the price of XRP.
Related: Price forecasts 5/30: BTC, ETH, XRP, BNB, SOL, Doge, Ada, Sui, Hype, Link
Decreasing activity of the XRP book network
The Book of XRP has recorded a significant decrease in network activity over the past two months.
Onchain from Glassnode reveals that daily vigorous addresses (DAA) on the web are currently far below 608,000 DAA, registered on March 19.
With only around 31,200 daily vigorous addresses at the time of writing, user transactions have dropped significantly, probably signaling reduced interest or lack of trust in the next XRP perspective.
Modern addresses also have dropped From the highest level of 2025 of 15,800 per day to the current 4400, which suggests a decrease in network acceptance and user involvement.
Historically, decreases of network activity usually signal upcoming price or decrease stagnation, because the lower volume of transactions reduces the fluidity and buying of the shoot.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
