XRP Faces 28% Drop Versus Bitcoin After Bearish Signal

XRP is showing mounting bearish pressure against Bitcoin as technical indicators point to a deepening downtrend. A rare double death cross on the daily XRP/BTC chart marks a grim phase for Ripple’s native token, raising concerns about its near-term performance.

Technical traders closely watching XRP’s movement will notice a concerning setup: both the 23-day and 50-day moving averages have recently crossed beneath the 200-day moving average. This double death cross is widely regarded as a potent bearish signal, suggesting a confirmed reversal in longer-term trend momentum.

The current structure illustrates a completely bearish alignment, where short- and mid-term averages sit firmly below their long-term counterpart. This shows not only a prevailing downtrend but also hints at intensified market pessimism around XRP’s performance against Bitcoin.

Market behavior has validated the significance of this crossover. Every attempted recovery for XRP has failed to reclaim prior levels, with each bounce resulting in further downside. The asset’s inability to hold these rebounds adds weight to the bearish case.

This isn’t the first time XRP has encountered such a technical pattern. In late 2024, a similar signal led to a 21% slide relative to Bitcoin. History could repeat itself—or worse. The current projections point to a potential fall to around 0.0000155 BTC per XRP. This represents an approximate 28% drop from where it’s currently trading.

That target coincides with a previously identified support zone dating back to November’s earlier breakout. If the trend continues without intervention, XRP could test this level in the coming weeks as downward pressure intensifies.

Adding to XRP’s current struggle is Bitcoin’s relative strength. Unlike past cycles when Bitcoin might have gone into consolidation during a bearish altcoin mood, BTC is currently maintaining upward momentum. With Bitcoin dominance increasing, altcoins like XRP are finding it more difficult to maintain buying interest or rally independently.

The overall environment highlights the challenge faced by XRP. While a death cross alone doesn’t automatically drive price changes, it does underscore a deepening bearish trend already in play. For XRP to shift this sentiment, the cryptocurrency would need to reclaim its short- and mid-term moving averages swiftly and sustain upward movement.

For now, however, the trajectory remains downward. A combination of historically reliable bearish signals, failed rebounds, and Bitcoin’s strength keeps XRP in a vulnerable technical and fundamental position. If no bullish sentiment returns soon, the 28% potential drop could evolve from a forecast into reality.

Related: Expert Advice: Sell XRP If You’re Confused

This phase is critical for XRP holders and traders, as continued weakness could compound losses, especially with broader market conditions favoring Bitcoin’s dominance. Until new patterns emerge or momentum shifts positively, XRP’s position remains under threat.