XRP price risks a 20% crash to $1.70 — Here is why
Key takeaways:
XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70.
A bearish divergence from the weekly RSI points to increasing downward momentum.
Declining daily active and new addresses signal reduced transaction activity and less demand for XRP.
XRP price traded 18% below its May peak of $2.65, and a convergence of several data points signals a possible drop toward $1.70.
XRP’s inverted V-shaped pattern hints at a 20% price drop
XRP ( XRP ) price action between April 7 and June 2 has led to the appearance of an inverted V-shaped pattern on the daily chart.
This follows an initial climb that saw XRP price surge 62% from a low of $1.61 in a sharp recovery stopped by buyer congestion at the $2.65 resistance level.
Bears booked profits on this rally, resulting in a sharp correction to the current levels. The relative strength index (RSI) was facing down and dropped from 68 to 41 since May 12, indicating increasing downward momentum.
As the price seeks to complete the inverted V-shaped pattern, it could drop further toward the pattern’s neckline around the $1.72 demand zone, representing a 20% price drop from the current price.
Similar sentiments were shared by an analyst on TradingView, MasterAnanda, who said that reducing bullish momentum, coupled with rejection from key support areas, threatens XRP’s drop to sub-$2.00 levels.
His latest XRP analysis shows XRP has broken below a rising channel, with three consecutive daily closes below the lower trendline.
“It looks like XRPUSDT can recover any minute now, but the bearish momentum continues to grow,” the analyst said in an accompanying note, adding that the altcoin might continue dropping until it reaches $1.72, where it could find support.
“The correction might not be over.”
XRP’s bearish divergence
XRP’s downside is supported by a growing bearish divergence between its price and the relative strength index (RSI).
The daily chart below shows that the XRP/USD pair rose between November 2024 and June 2025, forming higher lows.
But, in the same period, its weekly RSI descended from 92 to 51, forming lower lows, as shown in the weekly chart below.
A divergence between rising prices and a falling RSI usually indicates weakness in the prevailing uptrend, prompting traders to sell more at local highs as profit-taking intensifies and buyer exhaustion sets in.
The chart above also reveals that XRP faces stiff resistance between $2.50 and $2.65. Overhead pressure from this area could continue suppressing XRP’s price over the next few weeks.
Related: Price predictions 5/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
Declining XRP Ledger network activity
The XRP Ledger has experienced a significant drop in network activity over the last two months.
Onchain data from Glassnode reveals that the daily active addresses (DAAs) on the network are now far below the year-to-date peak of 608,000 DAAs, recorded on March 19.
With only around 31,200 daily active addresses at the time of writing, user transactions have declined significantly, possibly signaling reduced interest or a lack of confidence in XRP’s near-term outlook.
New addresses have also dropped from a 2025 high of 15,800 daily to the current 4,400, suggesting declining network adoption and user engagement.
Declines in network activity typically signal upcoming price stagnation or drops, as lower transaction volume reduces liquidity and buying momentum.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Regulatory Chaos: SEC Commissioner Questions Conflicting Crypto Rules
SPX6900 Holders Rejoice—Arctic Pablo Coin Is Poised to Explode as 2025’s Hottest Meme Coin for Insane Profits
In the fast-paced world of meme coins, timing is everything. Arctic Pablo Coin’s unique presale journey and robust tokenomics have earned it a spot as the Top meme coin 2025 contender.The Early Days of SPX6900: Humble Beginnings, Explosive GrowthArctic Pablo Coin Is Carving Its Path as the Top Meme Coin 2025Why Arctic Pablo Coin Is Leading “Top Meme Coin 2025” ConversationsIf SPX6900 Was the Early Wave, Arctic Pablo Coin Is the Next Big TideFinal Words: The Time Is Now for Arctic Pablo Coin

$282M Raised and Climbing: BlockDAG’s Presale Booms as Buyer Battles Drive Massive Demand at Just $0.0018!
Discover how BlockDAG is turning heads in 2025 with over $282M raised, 21.8B coins sold, and nonstop Buyer Battles fueling daily presale demand.A Solid Technical Base Built for ScalingBuyer Battles: Gamifying Daily BDAG AcquisitionsSumming Up!

Ethereum Foundation Reshapes Core Team to Optimize Layer 1 and UX
Trending news
MoreCrypto prices
More








