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XRP price risks a 20% crash to $1.70 — Here is why

cryptoweekly by cryptoweekly
June 2, 2025
in bitcoin, News
0

XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop toward $1.70.

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.

Read more

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Recent Posts
  • JPMorgan, SEC meet to discuss capital markets moving onchain
  • SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
  • US Senate passes GENIUS stablecoin bill in 68-30 vote
  • 25% Bitcoin price rally set to follow today’s correction if history repeats
  • JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
  • Ether price stable near $2.4K as crypto investors bet on long-term growth
  • GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system

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