XRP has dropped roughly 5% against Bitcoin over the past week, with a confirmed bearish pattern signaling the potential for further downside.
Key takeaways:
- The XRP/Bitcoin pair is forming a descending triangle on the weekly chart, signaling a potential 40% drop toward 0.000011 BTC.
- However, steady institutional inflows via U.S.-based spot ETFs are helping support the case for a possible recovery in XRP’s price.
A breakdown from XRP’s descending triangle against Bitcoin is now underway
Since late 2024, the XRP/BTC pair has been consolidating within a descending triangle on the weekly chart—a pattern generally considered bearish in technical analysis.
The setup was confirmed after a weekly close below the triangle’s lower trendline near 0.000096 BTC, signaling a potential continuation to the downside.
The projected target is calculated by measuring the height of the triangle and extending that distance downward from the breakdown point.
Using this method, the XRP/Bitcoin pair’s downside target is estimated near 0.000011 BTC—roughly 40.5% below current levels.
“$XRP/BTC looks edgy,” technical analyst ChartNerd said in a recent post on X, adding that a loss of support around 0.000091 BTC could trigger further declines in both the XRP/BTC ratio and the XRP/USD pair.
However, the relative strength index (RSI) is hovering near oversold levels at 33—zones that previously coincided with macro bottoms for the XRP/Bitcoin pair in mid- and late 2024—suggesting the current downtrend may be nearing exhaustion.
As previously reported, similar signals from technical and onchain indicators point to the potential for a broader recovery in XRP’s price.
Meanwhile, institutional demand is picking up. Data from SoSoValue shows U.S.-based spot XRP exchange-traded funds recorded $3.89 million in net inflows on Thursday, marking nine straight days of positive flows.
Over that period, total inflows reached $73.78 million, pushing cumulative inflows to nearly $1.28 billion and assets under management to around $1.1 billion.
This trend points to growing institutional appetite for XRP investment products, even as the token is down 22% in 2026 and continues to underperform Bitcoin.
“$XRP ETF inflows continue,” analyst Don Digital Finance wrote in a Friday post on X, adding that it reflects “steady institutional demand as accumulation continues despite sideways price action.”
“Institutional demand is rising fast as big money continues flowing into XRP exposure,” fellow analyst Ledger Man added.
“This could be a major signal that confidence in XRP is growing stronger than ever.”
