according to the materials of the site - By CoinsProbe
Date: Friday, September 26, 2025 | 06:00 GMT
The cryptocurrency market continues to sharply decline: Bitcoin (BTC) and Ethereum (ETH) are experiencing weekly losses. Ethereum has been particularly hard hit, falling by more than 13% and dropping below the $3950 mark. It is not surprising that major altcoins, including XRP (XRP), are also under pressure.
Over the past week, XRP has decreased by almost 9%. But beyond the short-term red candles, the charts show something more troubling: a bearish fractal structure, strikingly similar to the previous trajectory of Chainlink (LINK).
A closer look at the daily chart of XRP reveals a structure that reflects the price dynamics of LINK from late 2024 to 2025.
In the first quarter of 2024, LINK formed a 'head and shoulders' pattern before starting to rise actively in the fourth quarter. However, the bullish trend eventually shifted to the formation of a descending triangle. After LINK broke the 100-day moving average (MA) and lost support in the highlighted green zone, a cascading jump followed. The breakout lasted to the 200-day moving average, ultimately dropping LINK by almost 49% before the rebound began.
If we move to the present, XRP seems to be following a similar path.
Currently, the token is consolidating within a descending triangle, failing to hold the 100-day moving average near $2.84. The price is now just above a key support zone at $2.74—a fractal area that could determine the next direction of movement.
If this fractal pattern continues to develop, the roadmap looks clear. A decisive breakout of the support level at $2.65 could trigger a sell-off similar to that which occurred with LINK, pushing XRP towards the 200-day moving average at $2.53 and possibly further to a significant support level around $1.61. Such a move would signify a steep correction of 42% from the point where XRP lost its 100-day moving average.
However, the bulls still have the opportunity to refute this bearish scenario. A successful bounce from the 100-day moving average at $2.83 would weaken the descending triangle and could pave the way for a resumption of upward momentum.
$BTC , $XRP , $BNB
#Сryptomarketnews , #CryptoRally
This information is being retransmitted by us from various open sources for the purpose of informing, without claims of originality, and does not carry the nature of financial recommendations!!!
And ... "YES", we warned you that the most interesting news about changes in crypto projects (tokens) is immediately reflected in OUR channel (!) ... 😉