#Xrp

𝙒𝙝𝙖𝙩’𝙨 𝙉𝙚𝙭𝙩 𝙛𝙤𝙧 𝙓𝙍𝙋 𝙋𝙧𝙞𝙘𝙚 𝙖𝙨 𝙓𝙍𝙋/𝙀𝙏𝙃 𝙎𝙞𝙜𝙣𝙖𝙡𝙨 40% 𝘾𝙧𝙖𝙨𝙝?

XRP price has recorded slight gains today, June 16, after a weak performance over the weekend. At press time, XRP price trades at $2.19, while trading volumes were up by 16% to $2 billion. However, despite the recent upward trend, XRP is still facing bearish pressure as the XRP/ETH ratio signals a potential 40% crash after a bearish rounding top pattern emerged

XRP price could record dips after the XRP/ETH ratio flashed a bearish signal. This ratio has created a rounding top pattern, which suggests that a reversal of the current trend from bullish to bearish was looming and likely to happen. This pattern formed after the ratio started to drop in April, following a notable uptrend between Q4 2024 and Q1 2025.

The key support lies at 0.00085, and at press time, Ripple had already broken below this level, with the downtrend set to continue to 0.00052, which will be a 40% crash from the current level. The RSI also shows that the momentum is bearish, suggesting that XRP’s price faces the risk of dropping further

The dropping ratio signals declining interest to XRP as Ethereum amasses interest amid the launch of ETH-focused treasuries.

If XRP falls below its key support zone, the price may crash to $1.63.