The XRP signal that preceded 25% average drops in 2025 flashes again
2025-07-05 15:22:52
Main Idea
XRP's price has historically dropped by an average of 25% after its daily Stochastic RSI signals overbought conditions, and a similar signal is appearing again in July, raising concerns about a potential correction.
Key Points
1. XRP has averaged 25% price declines in 2025 following overbought Stochastic RSI signals.
2. The cryptocurrency’s previous declines have ranged between 12% and 45% after such signals.
3. A descending triangle formation suggests a potential 50% drop from current price levels, while another analyst warns of a possible 70% drawdown.
4. Some bullish analysts predict breakouts toward $3.20–$27, with one projecting a symmetrical triangle setup targeting $3.70 by September.
5. XRP’s daily Stochastic RSI entered the overbought zone above 80 on June 28 and has remained there, increasing the likelihood of a correction.
Description
XRP price dropped over 45% once after its daily Stochastic RSI hit overbought levels, and the same signal is flashing again this July.
Latest News
- Crypto adoption will be driven by high-growth markets, with or without the US2025-07-06 15:08:34
- Bitcoin 'cup and handle' breakout gives $230K target as SOL eyes 2800% gain2025-07-06 13:37:21
- Vitalik proposes gas cap to enhance Ethereum security, stability2025-07-06 13:11:18
- TON offers 10-year UAE golden visa for $100K in staked Toncoin2025-07-06 10:58:18
- Secret Service seizes $400M in crypto, cold wallet among world’s largest2025-07-06 07:16:50