![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
- XRP was down by more than 4% in the last seven days.
- Most market indicators remained bearish on the token.
Like most cryptos, XRP was also facing trouble of late as it failed to raise its price. The latest price correction has pushed XRP down to a critical support level.
This allowed the token to make a bullish move to change the trend. However, if the token fails to test the support, then things can get worse.
XRP bears are leading
CoinMarketCap’s data revealed that XRP’s value dropped by more than 4% in the last seven days. In the last 24 hours alone, its price dipped by over 2%.
At the time of writing, the token was trading at $0.4754 with a market capitalization of over $26 billion, making it the seventh largest crypto.
AMBCrypto’s analysis of the token’s daily chart revealed that a descending triangle pattern appeared.
In fact, the token was testing its crucial support zone, which gave XRP an opportunity to rebound. But if it fails to test the support, then investors might witness a further price decline in the coming days.
Source: TradingView
What to expect?
Since there was uncertainty about XRP in the coming days, AMBCrypto planned to have a look at the token’s on-chain data.
Our analysis of Santiment’s data revealed that buying pressure on XRP was rising. This was evident from the spikes in its exchange outflow last week.
On top of that, its supply on exchanges also dropped, meaning that investors were buying the token.
After a massive dip, the token’s weighted sentiment also improved. A rise in the metric means that investors were confident in XRP and bullish sentiment around the token was increasing.
Source: Santiment
The token’s Chaikin Money Flow (CMF) also looked optimistic as it registered an uptick. However, the rest of the indicators looked bearish, suggesting that XRP might plummet under its support.
Both its Relative Strength Index (RSI) and Money Flow Index (MFI) registered downticks. Additionally, the MACD dispelled the idea that the bulls and the bears were in a battle to gain an advantage over each other.
Source: TradingView
Is your portfolio green? Check out the XRP Profit Calculator
We then checked Hyblock Capital’s data to look for upcoming targets for XRP this week. As per our analysis, the bears continue to dominate.
Then investors might see the token drop to $0.445 this week. However, if the bulls step in and initiate a trend reversal, then the token might as well reclaim $0.5 as liquidation would rise at that level.
Source: Hyblock Capital
- XRP was down by more than 4% in the last seven days.
- Most market indicators remained bearish on the token.
Like most cryptos, XRP was also facing trouble of late as it failed to raise its price. The latest price correction has pushed XRP down to a critical support level.
This allowed the token to make a bullish move to change the trend. However, if the token fails to test the support, then things can get worse.
XRP bears are leading
CoinMarketCap’s data revealed that XRP’s value dropped by more than 4% in the last seven days. In the last 24 hours alone, its price dipped by over 2%.
At the time of writing, the token was trading at $0.4754 with a market capitalization of over $26 billion, making it the seventh largest crypto.
AMBCrypto’s analysis of the token’s daily chart revealed that a descending triangle pattern appeared.
In fact, the token was testing its crucial support zone, which gave XRP an opportunity to rebound. But if it fails to test the support, then investors might witness a further price decline in the coming days.
Source: TradingView
What to expect?
Since there was uncertainty about XRP in the coming days, AMBCrypto planned to have a look at the token’s on-chain data.
Our analysis of Santiment’s data revealed that buying pressure on XRP was rising. This was evident from the spikes in its exchange outflow last week.
On top of that, its supply on exchanges also dropped, meaning that investors were buying the token.
After a massive dip, the token’s weighted sentiment also improved. A rise in the metric means that investors were confident in XRP and bullish sentiment around the token was increasing.
Source: Santiment
The token’s Chaikin Money Flow (CMF) also looked optimistic as it registered an uptick. However, the rest of the indicators looked bearish, suggesting that XRP might plummet under its support.
Both its Relative Strength Index (RSI) and Money Flow Index (MFI) registered downticks. Additionally, the MACD dispelled the idea that the bulls and the bears were in a battle to gain an advantage over each other.
Source: TradingView
Is your portfolio green? Check out the XRP Profit Calculator
We then checked Hyblock Capital’s data to look for upcoming targets for XRP this week. As per our analysis, the bears continue to dominate.
Then investors might see the token drop to $0.445 this week. However, if the bulls step in and initiate a trend reversal, then the token might as well reclaim $0.5 as liquidation would rise at that level.
Source: Hyblock Capital
I really like your writing style, fantastic info , appreciate it for putting up : D.
Nice post. I used to be checking continuously this weblog and I’m impressed! Very helpful info specially the final part 🙂 I care for such info much. I was looking for this particular info for a very lengthy time. Thanks and good luck.
I appreciate, cause I found exactly what I was looking for. You have ended my four day long hunt! God Bless you man. Have a great day. Bye
I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post…
Great ?V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your client to communicate. Excellent task..
Thank you for another informative website. Where else could I get that type of info written in such an ideal way? I have a project that I am just now working on, and I’ve been on the look out for such information.
This is a very good tips especially to those new to blogosphere, brief and accurate information… Thanks for sharing this one. A must read article.
It’s really a great and useful piece of info. I’m glad that you shared this helpful information with us. Please keep us up to date like this. Thank you for sharing.
This really answered my problem, thank you!