XRP Price at Risk of a 25% Drop to $1.55: Here Is Why

Why It Matters

A sustained price decline toward $1.55 could erode investor confidence and trigger broader sell‑offs in the crypto market, while the drop in network activity raises concerns about XRP’s utility and liquidity, potentially impacting its valuation and market positioning.

Summary

XRP is trading within a descending triangle on the eight‑hour chart and broke the flat support at $2.20, opening the path for a measured drop to $1.55, roughly a 25% decline from current levels. A bearish divergence on the weekly RSI, which fell from 92 to 39, signals weakening upward momentum, while the price still faces resistance near the 50‑week SMA at $2.32. On‑chain data shows daily active addresses have slumped to about 44,000, far below the June peak, indicating muted network activity and reduced liquidity. Together, these technical and on‑chain indicators suggest a deeper correction for XRP by the end of November.