XRP down nearly 10% as 2022 patterns raise risk of a drop below $1

Beincrypto reports that XRP is down nearly 10% since last Wednesday as three market patterns from 2022 have resurfaced, raising concern that the token could fall below the $1 level.

Glassnode data shows investors active in the 1-week to 1-month range are accumulating at prices below the cost basis of 6-month to 12-month holders, creating an imbalance and psychological pressure on those who bought near highs; the article warns these 'top buyers' may face increasing stress. Price declines accompanied by falling volume mirror 2021–2022 behavior, suggesting limited dip-buying, and a MACD histogram comparison between the 2025–2026 period and the 2021–2022 cycle reveals a similar momentum pattern. The piece says XRP could fall by about 45% if the $1.8–$1.9 support zone breaks, which would push the price below $1.

The article's analysis also notes a potential inverse head-and-shoulders that would turn bullish only if XRP reclaims the 100-day EMA above $2.24 and breaks the $2.48–$2.52 neckline, a setup that would imply roughly 33% upside. An on-chain analyst added that a CME daily trend retest is complete and a 4-hour CME gap has been filled, which the analyst says could set the stage for a rally. In the weeks ahead traders will watch whether the 2022 pattern plays out; for now technical and on-chain signals and broader market conditions point to a cautious outlook.

Key Topics

Crypto, Xrp, Glassnode, Macd, Cme