Key Insights :
- Ripple (XRP) price has failed to hold its key support level, which was established after breaking above the descending trendline.
- XRP price prediction suggests a potential bearish move, with the price likely to decline further.
- Despite the bearish price action, on-chain metrics reveal that 74% of XRP traders are betting on the long side.
XRP price prediction is gaining attention as market uncertainty continues. Investors are closely watching its next move after breaking a key support level.
Ripple has dropped below the $2.18 support level after holding steady for weeks. This breakdown could signal a further decline ahead.
At press time, XRP price was trading near $2.18 and had recorded a price decline of 1.30% over the past 24 hours. Despite the drop, investors and traders have shown strong interest in the asset. This resulted in a notable surge in trading volume.
According to CoinMarketCap data, XRP’s trading volume during the same period has increased by 25%. This surge in trading volume, coupled with the price drop, indicates strong bearish momentum in the asset.
Bullish On-Chain Metrics
Following the breakdown, XRP’s price action appears bearish. However, instead of attracting bears, bulls have shown strong interest in the asset, as revealed by the on-chain analytics firm Coinglass.
Global exchanges have been experiencing steady outflows of XRP tokens. This trend has persisted since April 20, 2025, according to spot inflow/outflow data.
The continuous XRP outflows suggest accumulation by investors and long-term holders. They seem to be capitalizing on the recent price dip. Meanwhile, over the past 24 hours, exchanges have seen an outflow of $4.21 million worth of XRP tokens.
This outflow may create buying pressure and potential upside momentum. However, the prevailing bearish market sentiment remains challenging for the asset.
On-chain metrics indicate long-term holders, investors, and traders are growing interested in XRP. This broader engagement suggests increasing market activity.
At press time, the Binance XRPUSDT Long/Short ratio stands at 2.89, indicating strong bullish sentiment among traders. Most top XRP traders on Binance favor long positions, making up 74.28% of the market. Meanwhile, 25.72% are betting on the short side.
On-chain metrics show that bulls have maintained control over the asset. This dominance persists despite the recent major breakdown.
XRP Price Action & Technical Analysis
Expert technical analysis suggests a bearish outlook for the XRP price in the coming days. This prediction follows its failure to maintain the key $2.18 support level.
It could face further declines if XRP stays below the $2.18 level. Historical patterns suggest a potential drop of over 6.5% in the coming days. This could push the asset down to the $2.03 level.
On the other hand, XRP price prediction could turn bullish only if it reclaims the $2.25 level. XRP’s RSI has dropped to 46, signaling weak momentum. This suggests the price could move sideways or slightly downward unless a strong trend emerges.
Meanwhile, the Chaikin Money Flow (CMF) indicator, which measures buying and selling pressure over time, currently stands at -0.14. This negative reading signals strong selling pressure on the asset.
The combination of bearish price action and on-chain metrics has divided investors and traders. While the market sentiment appears negative, some participants are taking an opposing stance.