XRP slides 12% in 5 days as bear pennant targets $0.65
XRP has fallen about 12% over the past five days as bearish signals build on the XRP/USD chart. Analysts cite a three-day “bear pennant,” confirmed after a breakdown below $1.40. Using the pattern’s measured move, the downside target is near $0.65 (around 52.5% lower).
Momentum remains weak. A Stochastic RSI “death cross” appears for the third time since XRP’s July 2025 high, while RSI slid from 63 to 42 in seven days. Traders are watching for a daily close below support around the $0.65 area. If that trigger plays out, next levels may be $1.11 first, then the psychological $1.00.
Institutional flows are the key offset. US spot XRP ETFs logged a ninth straight day of inflows, adding roughly $0.75M on Monday. Total net inflows are about $1.4B, with AUM near $1.14B. Globally, XRP investment products saw around $67.6M inflows for the week ending May 15, while BTC and ETH products recorded outflows.
Overall, the technical setup points to near-term volatility for XRP, while continued ETF demand could limit downside and improve rebound odds later.
Bearish
The article’s core message for XRP is that bearish price structure and weakening momentum dominate the near-term outlook. The confirmed bear pennant breakdown below $1.40 and the measured-move target near $0.65 suggest room for further downside, especially if XRP closes daily below support around $0.65. RSI and Stochastic RSI death-cross signals historically align with deeper pullbacks, reinforcing caution.
However, the persistent US spot XRP ETF inflows (nine straight days) and supportive global ETP flows act as a counterweight that may slow declines or help stabilize prices. Still, because the setup centers on likely continuation lower before any technical recovery, the net effect on XRP itself is bearish overall—most relevant for traders managing short-term risk, entries, and liquidation/stop levels.