{"id":48966,"date":"2026-04-28T11:35:08","date_gmt":"2026-04-28T11:35:08","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/28\/xrp-price-prediction-risky-pattern-forms-as-key-xrpl-metrics-tumble\/"},"modified":"2026-04-28T11:35:08","modified_gmt":"2026-04-28T11:35:08","slug":"xrp-price-prediction-risky-pattern-forms-as-key-xrpl-metrics-tumble","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/28\/xrp-price-prediction-risky-pattern-forms-as-key-xrpl-metrics-tumble\/","title":{"rendered":"XRP price prediction: risky pattern forms as key XRPL metrics tumble"},"content":{"rendered":"<div><\/div>\n<p>XRP price has recoiled this year as the crypto winter has accelerated. This consolidation may lead to more downside as the token has formed a risky pattern amid weak on-chain and ecosystem metrics.<\/p>\n<h2 class=\"wp-block-heading\">XRP Ledger network is struggling&nbsp;<\/h2>\n<p>From a distance, the XRP token has some good fundamentals, especially as the <a href=\"https:\/\/invezz.com\/news\/2026\/04\/20\/xrp-price-prediction-double-bottom-forms-as-ripple-etf-inflows-rise\/\">ETF inflows jump<\/a> this year and Ripple Labs continues doing well. Just last year, Ripple Labs raised cash from Citadel and Fortress at a $40 billion valuation. Today, this figure stands at over $50 billion.<\/p>\n<p>Ripple Labs has moved to establish itself as a major player in the custody and prime brokerage services, helped by its acquisition of Hidden Road and GTreasury.<\/p>\n<p>It has recently received a provisional bank charter in the United States and licenses from over 70 countries.<\/p>\n<p>While all these are good signs for Ripple, the reality is that the gains are not happening for the XRP token and XRPL.<\/p>\n<p>Data shows that the network continues to struggle in key areas. For example, the XRP Ledger made just $34,000 in fees this month, a tiny amount for a crypto project worth over $80 billion. It made $75k in the first quarter, down from $128k in the previous quarter.<\/p>\n<p>This performance is happening because of its relatively weak ecosystem. For example, its DEX networks handled over $453 million in volume in the first quarter, down from $562 million in the previous one.<\/p>\n<p>In contrast, Ethereum and Solana handle billions in transactions a week. Hyperliquid is handling billions of dollars a day.<\/p>\n<p>More data shows that the network has a total value locked (TVL) of over $48 million in the decentralized finance (DeFi) industry, a fraction of the amount in other chains like Solana and Monad.<\/p>\n<p>Meanwhile, its market share in the stablecoin industry is mixed. While Ripple USD (RLUSD) is one to the top biggest regulated stablecoin with $1.4 billion in assets, only $381 million of it is in XRP Ledger. The rest, which is the most active, is on Ethereum.<\/p>\n<p>According to <a href=\"https:\/\/xrpscan.com\/metrics\">XRPScan<\/a>k, the number of payment&nbsp; transactions on the XRP Ledger has dropped to 212,856 a day, down from millions a few months ago. The number of active users has also continued falling and currently stands at 168k.<\/p>\n<p>Most notably, the XRP burn rate has continued falling, with the network burning just 400 tokens worth less than $600 a day.<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis&nbsp;<\/h2>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p><em>Ripple price chart | Source: TradingView<\/em>&nbsp;<\/p>\n<p>The weekly timeframe chart shows that the XRP token remains under pressure this year and is on the verge of a strong bearish breakdown in the near term.<\/p>\n<p>It has moved below the 61.8% Fibonacci retracement level, confirming the bearish breakdown. Also, it is into the process of forming a bearish pennant pattern, which is made up of a vertical line and a symmetrical triangle pattern.<\/p>\n<p>The coin is about to form a mini death cross as the spread between the 50 and 100-week moving averages narrow.<\/p>\n<p>Therefore, the most likely XRP prediction is bearish, with the next key target to watch being at $1. A move below that level will point to more downside in the near term.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/04\/28\/xrp-price-prediction-risky-pattern-forms-as-key-xrpl-metrics-tumble\/\">XRP price prediction: risky pattern forms as key XRPL metrics tumble<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price has recoiled this year as the crypto winter has accelerated. This consolidation may lead to more downside as the token has formed a risky pattern amid weak on-chain and ecosystem metrics. XRP Ledger network is struggling&nbsp; From a distance, the XRP token has some good fundamentals, especially as the ETF inflows jump this <\/p>\n","protected":false},"author":1,"featured_media":48967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48966","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48966"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48967"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}