Despite steady ETF revenues, XRP risks a 40% dip with Bitcoin.
XRP (XRP) has fallen by 5% against Bitcoin (BTC) in the past week, and the confirmation of the bearish pattern now suggests that further losses may occur in the future.
Main Receptors:
The XRP/BTC descending triangle pattern on the weekly chart suggests a 40% decline to 0.000011 BTC is possible. Continued institutional interest in US-based spot ETFs supports the case for a recovery in XRP price.
XRP's downward triangle breakout is underway.
Since the end of 2024, the XRP/BTC ratio has been consolidating in a descending triangle on the weekly time frame.
In technical analysis, descending triangles are commonly seen as bearish patterns. As shown in the chart below, the pattern was confirmed when the price broke below the triangle lower trend line near 0.000096 BTC.
The downside target is taken by taking the height of the triangle and moving the price lower than the breakout area, placing it below the lower trend line of the pattern.
XRP/BTC Weekly Chart. Source: Cointelegraph/TradingView
Using that method, the measured low target for the XRP/BTC pair comes close to 0.000011 BTC, which is 40.5% below the current level.
Technical analyst ChartNerd wrote in a recent article on X that “$XRP/BTC looks boring” The loss of support at $0.000091 will lead to further losses in the XRP/BTC ratio and the XRP/USD pair.
XRP/BTC Weekly Chart. Source: Chart Nerd
However, the RSI remains oversold at 33, levels that have previously marked a macro bottom for the ratio, as seen in mid-to-late 2024. This suggests that the current recession may be over soon.
As Cointelegraph reports, a similar recovery could be seen in the price of XRP as several technical and onchain indicators are sending bearish signals.
Interest in the XRP ETF is coming back
According to data from Soso Value, institutional demand for XRP investment products is strengthening.
US-based spot XRP exchange-traded funds (ETFs) posted net earnings of $3.89 million on Thursday. This is the ninth consecutive day of net earnings, totaling $73.78 million. This series brought revenue to nearly $1.28 billion and AUM to $1.1 billion.
US spot XRP ETF flow chart. Source: SoSoValue
Even if the price falls by 22% in 2026 and lags behind Bitcoin, this shows the increase in institutional appetite for XRP products.
“$XRP ETF earnings continue,” Don Digital Finance said in a Friday X post.
The analyst added, “Despite the sideways price action, the rally continues, indicating stable institutional demand.”
“As big money continues to gain exposure to XRP, institutional interest is increasing rapidly,” said Ledger Mann, another analyst.
“This could be a big sign that confidence in XRP is stronger than ever.”
