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

XRP price is up 4% today, but with XRP/ETH flashing a bearish signal, will Ripple drop below $2, or will bulls defend support?
By muthoni
XRP Price Outlook: What's Next as XRP/ETH Forms a Bearish Pattern?

Highlights

  • XRP price is at risk of a crash as the XRP/ETH ratio forms a rounding top pattern, teasing at a potential 40% move to the downside.
  • 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.

XRP price is up by an impressive 4.28% today, June 16, to trade at $2.25 at press time. XRP’s daily trading volumes had surged by 50% to $2.6 billion as the recent gains drew market interest. However, the recent uptrend has failed to negate the bearish pressure depicted on the higher timeframes as the weekly XRP/ETH chart hints towards a 40% drop.

Advertisement
Advertisement

XRP/ETH Flashes Bearish Signal

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.

XRP Price Analysis as XRP/ETH Turns Bearish
XRP/ETH: 1-Week Chart (Source: Tradingview)

The ongoing downtrend that led to the formation of a rounding top also suggests that traders are shifting their attention from other altcoins to Ethereum. This may be caused by the ongoing interest around Ethereum-focused treasuries following the recent 176,000 ETH purchase by Sharplink Gaming

Advertisement
Advertisement

XRP Price Defends Key Support Zone

XRP price is attempting to bounce from a key support zone that has held for months, as trading volumes rise per CoinMarketCap’s data. It has been defending this zone for the last two months, and the looming breakout coincides with the squeeze of Bollinger band indicators, which have previously preceded a major move to the upside.

If XRP is successful in breaking out above this support zone, the ensuing rally could push it past the upper Bollinger band of $2.32, after which the target price will be $2.60.

However, bears appear to have control over Ripple’s price action as shown by the AO indicator. These histogram bars are lengthening in size below the zero line, and this usually shows that sellers have the upper hand.

XRP Price Analysis as Bearish Pattern Hints Crash
XRP/USDT: 1-day Chart (Source: Tradingview)

If this support zone fails to hold, Ripple’s price may crash to $1.63, aligning with a previous CoinGape analysis noting that XRP bears are targeting $1.60 after a key on-chain metric showed a local top had been formed.

Advertisement
Advertisement

What’s Next for Price?

The technical structure for the XRP/ETH ratio shows a looming possibility that XRP price may underperform against Ethereum in the near term. With bullish signs emerging for Ethereum, traders may abandon other altcoins for ETH, causing Ripple’s token to post a weak performance. In this case, traders should expect a breach of the $2 psychological support level and a decline to $1.63.

Conversely, if traders decide to step in now, XRP price may bounce from the current support zone and possibly target $2.60 and eventually rally to $3.

In summary, XRP price risks further decline despite the 2% intraday gain. The XRP/ETH ratio that signals a 40% crash may cause Ripple’s token to underperform against Ethereum. If inflows to XRP dry up as traders reallocate capital to ETH, Ripple price may drop. Conversely, bouncing from a key support zone may push Ripple’s price past $2.60.

Advertisement

Frequently Asked Questions (FAQs)

1. Why is XRP price underperforming against Ethereum?

XRP price is underperforming against Ethereum because of increased capital inflows to ETH by institutions.

2. Can XRP price drop below the $2 support level?

XRP could drop below the $2 support level as bearish pressure surges. The bearish momentum depicted by the XRP/ETH ratio may also cause this decline.

3. What’s next for XRP price?

The next price for XRP price is either $1.63 or $2.60. A resumption of buying pressure at the current support zone may push Ripple to $2.60. Conversely, dropping below this support could cause a dip to $1.63.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.