The main dishes to remember:
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XRP confirms a downstream triangle on the daily graph, risking a drop of 18% to $ 2.40.
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The drop in daily active addresses signal reduces transaction activity and cooling demand for XRP.
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The MCV of Spot Taker remains negative, suggesting a request to decline investors.
XRP (XRP) exchanged 23% below its multi -year peak of $ 3.66, and a convergence of several data points signals a possible drop to $ 2.40.
Cointelegraph Markets Pro and TradingView data show XRP trading under a triangle descending within the daily time, as indicated in the graph below.
A descending triangle is a low graphic pattern, characterized by a flat and horizontal support line and a downward trend line that bows down.
The price was broken below the support line of the graphic model in force at $ 2.95 Tuesday to continue the downward trend, with a measured objective of $ 2.40.
Such a decision would bring the total gains to 18% of the current level.
As Cointtelegraph reported, Altcoin must recover the support level of $ 3 to avoid a deeper correction at $ 2.24. The last two times, the price recovered this level in the recent past was in mid-July and early August, preceding 25% and 15% of rallies respectively.
XRP / BTC Diver Breakage
The XRP droppier is supported by a growing divergence between its XRP / BTC pair and the relative resistance index (RSI).
The daily graphic below shows that the XRP / BTC pair increased between July 10 and August 18, forming higher stockings.
But, during the same period, his daily RSI dropped to 43 in overcrowding conditions at 75 on the same period of time, forming lower stockings, as indicated in the graph below.
In relation: Price predictions 8/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
A negative divergence between the drop in prices and an increase in the RSI generally indicates a weakness of the upcoming trend in force, which encourages traders to reserve profits at higher levels as the interest of investors decreases and that the exhaustion of buyers sets up.
The above graph also reveals that XRP / BTC is above a key support area between 0.0000245 BTC and 0.0000250 BTC, adopted by the 200-day single mobile average.
A drop below this area could see the XRP / BTC pair continue its downward trend, fueled by a new drop in XRP price.
The drop in network activity could amplify the XRP sale
The large XRP book experienced a significant drop in network activity compared to T1 / 2025 and the period between June and July. The data on the Glassnod chain reveal that the daily active addresses (DAAS) on the network are now well below the figures observed in March and June.
The big book recorded a robust 608,000 DAA on March 19 and 577 134 on June 16, reflecting a high commitment of users and a transaction activity. However, there was a spectacular crisis from late June to August, as shown in the graph below.
With only around 33,000 daily active addresses, user transactions have decreased, which can point out a reduced interest or a lack of confidence in the short -term XRP perspectives.
Historically, the drop in network activity generally points out the stagnation of future prices, because a lower transaction volume reduces liquidity and purchase.
The number of transactions has also decreased by 51%, from 2.5 million in June to 1.25 million at the time of the drafting, according to Cryptochent data.
The number of transactions and active addresses are widely used to estimate the number of users interacting with a network. They offer valuable information on the global network activity and user engagement, serving as a key indicator of the adoption and interaction of blockchain with the underlying token.
As such, this significant decrease in these onchain indicators could lead to a lower value of XRP lower, arousing speculation that the token could sink in the short term.
90 -day negative CVD supports the disadvantages of XRP
Analysis of the cumulative volume of 90 days Delta (CVD) reveals to what extent the activity of the sale is intensifying.
The MCV measures the difference between the purchase and sale of volume over a period of three months.
Since July 28, the sales pressure has dominated the order book, after the XRP / USD pair has reached multi -year summits greater than $ 3.66 on July 18.
The negative MCV (red bars in the above graph) indicates taking advantage of the merchants, which signals the decreasing request while the sellers take control.
If the MCV remains red, it means that the sellers do not retreat, which could prepare the ground for another leg, as we see in historical corrections.
With more than 91% of the XRP offer still in profit at current prices, investors could continue to lock the gains, adding to the opposite winds.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.