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XRP's performance against Bitcoin (BTC) is looking shaky, and the chart is sending clear warning signs. On the daily time frame, XRP is trading around 0.00002074 BTC, which is down about 2.5% from the previous day. But the real story is what's happening with the Bollinger Bands.
The bands are tight and tilting lower, which usually means a bigger move is coming. Now, XRP is hanging out near the bottom band, a sign that bears are typically in control. The middle band, which is often used as a guide for trend direction, is at 0.00002232 BTC, and XRP has not touched it in days.
If XRP's price drops, it could hit the 0.00000700 BTC mark — which it hasn't seen since late 2024. That would mean a drop of about 63% from current prices.
Looking at the big picture, things have been slow and steady for months. After reaching around 0.00003000 BTC in January, XRP has been stuck in a downtrend — lower highs, falling volume and no strong bounce in sight. This is not a panic situation yet, but it is not a good sign either.
When Bollinger Bands widen like this, it is a sign that the market is getting ready to move. Unless something changes quickly — like Bitcoin cooling off or a surprise XRP rally — it looks like the path of least resistance is closed.
If you are a trader watching this pair, keep an eye on 0.00001993 BTC, the next key level. If that changes, the drop could speed up.
Vladislav Sopov
U.Today Editorial Team