Main takeout:
The XRP forms a weakly lowering triangle on the daily chart and falls 45% to $ 1.20.
Daily active address reduction signal reduction transaction activity and liquidity.
Brake out with more than $ 2.18 can invalidate the weak pattern.
The XRP (XRP) price is consistent with the decrease in network activities, and the warning signal is blinked when the daily chart appears on the weak technology pattern.
The XRP descent triangle gives a hint of a 45%drop.
The XRP price chart has a descent triangle pattern on a daily chart since the late 2024 rally, which features a flat support level and a downward slope resistance line.
The descent triangle chart pattern formed after a strong rise is considered a weak reversal indicator. In principle, if the price drops below the flat support level, the settings will be solved and the maximum height of the triangle is dropped.
The bull is struggling to keep XRP higher than the simple moving average (SMA) for 50 days, and sends a signal that it is currently short of power to $ 2.18.
If this trend continues, it is closer than the moving average, that is, the 50 -day SMA and the 100 -day SMA $ 2.06 can sink the XRP/USDT pairs to a psychological support level of $ 2.00.
relevant: Will XRP prices collide again?
If this support fails, the XRP price can fall 45% from the current price level for the disadvantages of about $ 1.20 by the end of May.
The descent triangle targets of the XRP reverberate in the initial analysis that warns of a low reduction of $ 1.61 unless the main support level is maintained.
On the contrary, the clear ride on the $ 2.18 triangle resistance line invalidates the weakening structure, so that the XRP is in a good place to meet at $ 3.00 psychological level.
Reduced XRP network activities
The director of XRP has significantly reduced network activities compared to the first quarter of 2025. According to GlassNode’s on -chain data, the daily activity address (DAA) of the network is now much lower than the highest point in March.
On March 19, the director recorded a strong 608,000 DaA, reflecting high user participation and trading activities. But this metrics collided in April and early May, as you can see in the chart below.
User transactions have been reduced by only 30,000 daily active addresses, and signaling may decrease or lack trust in the short -term prospects of XRP.
Historically, the decrease in network activity generally informs the upcoming price stagnation or fall, reducing liquidity and purchase pressure.
Meanwhile, over the last 24 hours, XRP’s 1.17% decrease is accompanied by $ 2 billion, with a 30% increase in daily trading volume. When waiting for the next movement of the XRP, the increase in trading volume can be interpreted during the price drop while the Crypto Trader generates or rearranges.
Popular analyst DOM mentioned the increase in sales volume, saying, “Last week, a large amount of market sales pointed out that XRP did not maintain an upward movement.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.