XRP Price Could Tumble to $1.70, Analysts Warn – Insights as of August 13, 2025
As of today, August 13, 2025, the crypto market continues to buzz with uncertainty, and XRP is right in the middle of it. Imagine riding a rollercoaster that suddenly flips upside down – that’s kind of what XRP’s price action feels like lately. Analysts are pointing to a potential slide down to $1.70, driven by some telling patterns and fading network vibes. Let’s dive into why this might happen and what it means for anyone keeping an eye on this popular altcoin.
Sharp Drop in XRP Ledger Activity Raises Red Flags
Picture this: just a couple of months ago, the XRP Ledger was humming with energy, but now it’s like a party that’s winding down too early. Network activity has taken a nosedive, which isn’t great news for XRP’s price stability. This slowdown amps up the chances of a deeper correction, potentially pushing prices toward that $1.70 mark. With fewer people jumping in, it’s like the fuel is running low, making a price dip feel almost inevitable.
XRP’s Inverted V-Shaped Pattern Signals a Possible 20% Decline
Looking at the charts, XRP’s price has sketched out this inverted V-shaped pattern on the daily view, which is basically a warning sign for traders. It’s like climbing a steep hill only to slide back down faster than you went up. From April 7 to June 2, XRP climbed sharply, jumping 62% from a bottom of $1.61 before hitting a wall at $2.65. Sellers jumped in, cashing out profits, and sent the price tumbling. Right now, as of August 13, 2025, XRP is hovering around $1.98, down about 25% from its May high of $2.65 – updated from recent market data showing BTC at $112,450 (up 0.45%), ETH at $2,780 (up 1.95%), and other majors like BNB at $710.50 (up 1.50%) and SOL at $168.20 (up 0.15%).
The relative strength index (RSI) is tilting downward too, slipping from 68 to around 45 since mid-May, showing momentum is fizzling out. If this pattern plays out fully, we’re looking at a drop to the neckline support near $1.72 – that’s a roughly 20% fall from current levels. It’s reminiscent of past market corrections where quick rallies fizzle without sustained buying power.
One trader on platforms like TradingView, going by MasterAnanda, echoed this vibe in a recent analysis. They noted XRP breaking below a rising channel with multiple closes under the trendline, suggesting the bearish push isn’t done yet. “It seems like a bounce could happen soon, but the downward pressure is building,” they shared, predicting a test of $1.72 as a potential floor. This aligns with broader market sentiments, where overhead resistance between $2.50 and $2.65 keeps capping any upside attempts.
Bearish Divergence Adds Fuel to the Downside Fire
Adding to the drama, there’s a clear bearish divergence brewing between XRP’s price and its RSI on the weekly chart. Think of it like a car speeding up while the engine warning light flashes – something’s off. From November 2024 to now in August 2025, XRP has been forming higher lows in price, but the weekly RSI has been carving out lower lows, dropping from 92 to about 55. This mismatch often signals that the uptrend is losing steam, encouraging more sellers to pile in as buyers tire out.
This resistance zone from $2.50 to $2.65 feels like a brick wall, and with ongoing pressure, it could keep XRP suppressed for weeks. It’s a classic setup where profit-taking intensifies, much like we’ve seen in other altcoins during volatile periods.
Fading Network Activity on XRP Ledger Points to Weaker Demand
The XRP Ledger’s pulse has weakened noticeably over the past two months, which is like watching a bustling city street turn quiet overnight. Onchain metrics from sources like Glassnode show daily active addresses plummeting from a 2025 peak of 608,000 back in March to just around 28,500 as of August 13, 2025. That’s a massive drop in user interactions, hinting at waning interest or confidence in XRP’s short-term path.
New addresses are down too, from a high of 15,800 daily to about 3,900 now, suggesting fewer newcomers are joining the fray. When network buzz fades like this, it often leads to price stagnation or drops, as lower transaction volumes sap liquidity and buying energy. It’s a stark contrast to the lively days earlier this year, underscoring how quickly sentiment can shift in crypto.
In the midst of these market twists, savvy traders are turning to reliable platforms to navigate the volatility. Take WEEX exchange, for instance – it’s gaining traction for its seamless trading experience, low fees, and robust security features that align perfectly with the needs of XRP enthusiasts. Whether you’re analyzing patterns or executing trades, WEEX stands out by offering tools that enhance decision-making, building trust through transparent operations and user-focused innovations. It’s like having a dependable partner in the wild world of crypto, helping you stay ahead without the usual hassles.
Latest Buzz: What People Are Searching and Saying Online
Digging into what’s hot right now, Google searches for “XRP price prediction 2025” and “Is XRP a good investment?” are spiking, with users curious about long-term potential amid SEC updates. On Twitter, discussions are heating up around a recent Ripple announcement on August 10, 2025, teasing expanded partnerships in cross-border payments, which briefly lifted sentiment but couldn’t override the technical bears. Tweets from influencers like @CryptoBull highlight “XRP’s resilience despite dips,” while others warn of “more pain before gains,” mirroring analyst views. Official Ripple posts confirm ongoing ledger upgrades, but activity metrics haven’t rebounded yet, keeping the downside narrative alive.
Remember, while these insights paint a cautious picture, every trade carries risks – always do your homework.
Frequently Asked Questions
What could cause XRP to drop to $1.70?
Technical patterns like the inverted V-shape and bearish RSI divergence, combined with declining network activity, suggest weakening momentum that could drive prices lower to this support level.
Is now a good time to buy XRP?
It depends on your risk tolerance; current indicators point to potential further drops, but long-term factors like Ripple’s partnerships might offer upside if you’re in for the long haul.
How does network activity affect XRP’s price?
Lower daily active and new addresses mean reduced transactions and demand, which can lead to decreased liquidity and downward price pressure, as seen in recent data trends.
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