🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
The XRP signal that preceded 25% average drops in 2025 flashes again
Key takeaways:
XRP (XRP) has averaged 25% price declines in 2025 during its daily Stochastic RSI unwinding from the overbought levels. A similar fractal is now playing out in July, raising the probability of correcting in the coming days or weeks.
Previous XRP drops were between 12% and 45%
Stochastic RSI measures momentum by comparing an asset’s RSI to its recent range. Its reading crossed into the overbought zone above 80 on XRP’s daily chart on June 28 and has been there since then.
XRP’s chart structure implies a higher probability of downside unless a decisive breakout invalidates this chart signal.
XRP 50-70% drawdown risks remain
A descending triangle formation after XRP’s strong upside run risks strengthening the bearish outlook, with downside projections sitting at around $1.14, or a 50% from the current price levels.
Related: XRP futures OI jumps 30% as price chart ‘pennant’ targets $3.20
He projects a similar outcome following XRP’s recent rally to $3.40 in 2025, targeting a decline toward the triangle’s lower trendline at around $0.60, a ~70% drawdown from current prices.
Not all analysts are bearish, however. Mikybull Crypto sees a symmetrical triangle setup targeting $3.70 by September, while XForceGlobal projects $8–27 based on Fibonacci levels.
Others cite a falling wedge breakout and whale accumulation, with targets near $3.20.
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.