HomeCrypto NewsMarketCrypto Investor Says XRP Seems to Be Dying Slowly

Crypto Investor Says XRP Seems to Be Dying Slowly

Date:

Written By:

spot_img

XRP continues to face skepticism from parts of the crypto market amid technical rejection.

A widely followed crypto investor known as BATMAN has warned that XRP’s recent price action could signal corrections ahead.

XRP Faces Double Rejection on the Chart

According to the investor, XRP was recently rejected at two critical technical levels. He highlighted its long-standing bearish trendline and a previous support zone that has now flipped into resistance. BATMAN sees this double rejection as confirmation that sellers remain in control.

When former support fails to hold, and the price cannot reclaim it, analysts typically interpret this as a sign that bullish momentum is fading rather than building.

For context, XRP is trading at $1.85, showing negative metrics across all key time frames, including daily, weekly, monthly, and yearly. Notably, it is down 27% over the past two months and 34% over the last 90 days.

Analyst Toad commented on the trend, saying that XRP is exhibiting “absolutely shocking levels of poor technicals” at the moment.

Stochastic Indicator Flashes a Bearish Signal

Adding to the cautious outlook, BATMAN noted that the Stochastic oscillator has formed a death cross, a signal many traders associate with downside risk.

While stochastic death crosses do not guarantee further losses, they often occur during periods when the price struggles to regain strength after a failed rally.

The investor also stressed that markets do not always reward bullish positioning. In his view, contra-market setups, which are trades that move against dominant optimism, can sometimes serve as effective hedges when technical signals align to the downside.

“Fully Short on XRP”

Just last week, popular investor ChartFu announced that he is now completely bearish on XRP, citing expectations of lower prices. He suggested that favorable levels may come later, depending on market action.

Separately, angel investor Mike Alfred tweeted that XRP could go to zero if Bitcoin dips to $80K. While the outlook is highly speculative, it highlights a strongly bearish sentiment among seasoned investors.

It suggests that some traders believe XRP may continue to decline unless it can reclaim its lost technical levels.

XRP Community Remains Optimistic

Despite the bearish technical outlook, bullish optimism for XRP remains. Supporters are encouraged by XRP ETFs, which have seen consecutive days of inflows since their November launch, totaling $1.25 billion across five funds (Canary, 21Shares, Grayscale, Bitwise, Franklin).

XRP etf records
XRP ETF records

Explaining XRP’s recent price drop, Oliver Michel, CEO of Tokentus Investment AG, told DER AKTIONÄR TV that the decline is temporary.

He said the drop does not reflect Ripple’s strong business growth, including expansions, acquisitions, banking partnerships, and new products like stablecoins. Michel described Ripple’s ecosystem as an “Amazon-style” blockchain platform and expects the market price to catch up with its progress eventually.

Ultimately, while many do not expect a dramatic turnaround in the final days of 2025, the focus has now shifted to 2026. Some projections suggest XRP could reach $4 to $5 amid Ripple’s business expansion and ETF accumulation.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

More from Author

UK Residents Can Now Buy Shiba Inu Via SHIB-Friendly Platform Robinhood

Robinhood has expanded its cryptocurrency trading services to the United Kingdom, creating another potential avenue for Shiba Inu (SHIB) adoption among UK investors. The trading...

Shiba Inu Loses 691 Holders in Six Days as SHIB Faces Renewed Bearish Pressure

Shiba Inu has recorded a sharp decline in its holder count over the past six days, raising fresh concerns about recent address growth and...

Cardano Leadership Shake-Up Continues as Foundation CTO Steps Down

Cardano Foundation CTO Giorgio Zinetti will step down from his role at the end of August 2026, bringing his 2.5-year tenure with the organization...