XRP Sinks 70% From Peak as Technical Breakdowns Raise Risk of Further Drop
Deep technical weakness increases the chance of a slide toward about $0.84 while XRPL development plans and small spot‑ETF inflows offer limited institutional support.
Overview
- XRP traded near $1.05–$1.16 on Sunday after an 18% weekly fall that leaves the token roughly 70% below its July 2025 high of about $3.65.
- Technical analyst ChartNerdTA says a breach of key regression bands historically points to a test near $0.84, implying roughly 20–25% more downside from current levels.
- On‑chain metrics show many holders are underwater and short‑term momentum readings such as the 4‑hour RSI are deeply oversold, which both raise the odds of further selling.
- Approved U.S. spot XRP ETFs have provided modest relief with small weekly inflows and about $1.43 billion in cumulative assets, but thin on‑exchange liquidity has limited their ability to stop large moves.
- Ripple’s CTO emeritus David Schwartz published an XRPL roadmap that focuses on tokenizing real‑world assets such as securities and money‑market instruments, a development that could support institutional use over the longer term.