{"id":394367,"date":"2024-05-24T15:30:20","date_gmt":"2024-05-24T10:00:20","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=394367"},"modified":"2024-05-24T16:46:37","modified_gmt":"2024-05-24T11:16:37","slug":"will-xrps-price-drop-to-0-47-amid-bearish-indicators","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/","title":{"rendered":"Will XRP\u2019s price drop to $0.47 after these indicators flash red?"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Selling pressure on XRP has increased in the last seven days.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Most technical indicators suggested that XRP wouldn\u2019t test the bearish pattern.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"http:\/\/ambcrypto.com\/category\/xrp-ripple-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">XRP<\/span><\/a><span style=\"font-weight: 400;\"> had an optimistic week as its price increased by over 2%, but volatility dropped. The recent slow-moving price action might just be a prelude for a southward price movement as a bearish pattern emerged on the token\u2019s chart.\u00a0<\/span><\/p>\n<h4><b>XRP\u2019s bearish outlook<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">CoinMarketCap\u2019s <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> revealed that the token\u2019s momentum declined as its price only moved marginally in the last 24 hours. At the time of writing, XRP was trading at $0.5297 with a market capitalization of over $29.3 billion, making it the seventh largest crypto. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the meantime, a bearish pattern emerged on the token\u2019s daily chart. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">AMBCrypto\u2019s analysis found that a bearish pennant pattern formed in mid-April when XRP witnessed a major price drop. Since then, the token\u2019s price has consolidated inside the pattern. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If XRP tests the pattern, then its price action would soon turn bearish and plummet under the lower trendline, which would result in a further southward price movement.\u00a0<\/span><\/p>\n<figure id=\"attachment_394368\" aria-describedby=\"caption-attachment-394368\" style=\"width: 2710px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17.png\"><img decoding=\"async\" class=\"wp-image-394368 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17.png\" alt=\"A bearish pennant pattern on XRP's chart\" width=\"2710\" height=\"1456\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-300x161.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-1024x550.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-768x413.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-1536x825.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-2048x1100.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-23_14-31-17-1200x645.png 1200w\" sizes=\"(max-width: 2710px) 100vw, 2710px\" \/><\/a><figcaption id=\"caption-attachment-394368\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">AMBCrypto then analyzed Santiment\u2019s data to see whether metrics backed the possibility of a price decline. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per our analysis, XRP\u2019s exchange inflow spiked several times last week. A rise in the metric meant that investors were dumping the token, suggesting high selling pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Its NVT ratio also shot up sharply on the 24th of May, indicating that XRP might be overvalued. Whenever an asset is overvalued, it hints at a price correction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Another bearish metric was the MVRV ratio, which declined in the last few days.\u00a0<\/span><\/p>\n<figure id=\"attachment_394369\" aria-describedby=\"caption-attachment-394369\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024.png\"><img decoding=\"async\" class=\"wp-image-394369 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024.png\" alt=\"XRP's exchange Inflow spiked\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-Ledger-XRP-10.11.04-24-May-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-394369\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, a few of the other metrics looked pretty optimistic. For instance, the token\u2019s weighted sentiment increased. This meant that investors were confident in the token, as bullish sentiment around it was dominant in the market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> AMBCrypto\u2019s look at Coinglass\u2019 data revealed that the token\u2019s long\/short ratio also increased in the last 12 hours. A high long-short ratio can be inferred as a bullish signal as it suggests a greater desire among investors to buy an asset.<\/span><\/p>\n<figure id=\"attachment_394371\" aria-describedby=\"caption-attachment-394371\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM.png\"><img decoding=\"async\" class=\"wp-image-394371 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM.png\" alt=\"\" width=\"2560\" height=\"660\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-300x77.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-1024x264.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-768x198.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-1536x396.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-2048x528.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.14.04\u202fAM-1200x309.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-394371\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<h4><b>Which way is XRP headed?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">To better understand whether XRP would turn bearish soon, AMBCrypto then took a look at its daily chart. We found that after a dip, XRP\u2019s Chaikin Money Flow (CMF) registered an uptick.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The Money Flow Index (MFI) also went northward, indicating a price rise. If these indicators turn out to be true, then XRP might not test the bearish pennant pattern and continue to remain bullish.\u00a0<\/span><\/p>\n<figure id=\"attachment_394372\" aria-describedby=\"caption-attachment-394372\" style=\"width: 2710px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32.png\"><img decoding=\"async\" class=\"wp-image-394372 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32.png\" alt=\"\" width=\"2710\" height=\"1456\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-300x161.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-1024x550.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-768x413.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-1536x825.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-2048x1100.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRPUSDT_2024-05-24_10-16-32-1200x645.png 1200w\" sizes=\"(max-width: 2710px) 100vw, 2710px\" \/><\/a><figcaption id=\"caption-attachment-394372\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check out the <\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">XRP Profit Calculator<\/span><\/a><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">If XRP manages to remain bullish, then its price might reach $0.544 first, as liquidation would rise at that level. Generally, high liquidation results in price corrections. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, if XRP tests the bearish pattern, then its price might plummet to $0.47 in the coming days.<\/span><\/p>\n<figure id=\"attachment_394373\" aria-describedby=\"caption-attachment-394373\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM.png\"><img decoding=\"async\" class=\"wp-image-394373 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM.png\" alt=\"\" width=\"2560\" height=\"1334\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-1024x534.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-768x400.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-1536x800.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-2048x1067.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/Screenshot-2024-05-24-at-10.19.07\u202fAM-1200x625.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-394373\" class=\"wp-caption-text\">Source: Hyblock Capital<\/figcaption><\/figure>\n<p><br style=\"font-weight: 400;\" \/><br style=\"font-weight: 400;\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bearish pattern emerged on XRP\u2019s chart, which might push the token\u2019s price down to $0.47.<\/p>\n","protected":false},"author":75,"featured_media":394374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,55,4,20],"tags":[6427],"class_list":["post-394367","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"XRP had an optimistic week as its price increased by over 2%, but this volatility dropped, hinting at a possible price drop\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"A bearish pattern emerged on XRP\u2019s chart, which might push the token\u2019s price down to $0.47.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-24T10:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-24T11:16:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Dipayan Mitra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/DiDipayan\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dipayan Mitra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/\"},\"author\":{\"name\":\"Dipayan Mitra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\"},\"headline\":\"Will XRP\u2019s price drop to $0.47 after these indicators flash red?\",\"datePublished\":\"2024-05-24T10:00:20+00:00\",\"dateModified\":\"2024-05-24T11:16:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/\"},\"wordCount\":533,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-faces-a-roadblock.webp\",\"keywords\":[\"ambcrypto\"],\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Ripple\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/\",\"name\":\"Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-faces-a-roadblock.webp\",\"datePublished\":\"2024-05-24T10:00:20+00:00\",\"dateModified\":\"2024-05-24T11:16:37+00:00\",\"description\":\"XRP had an optimistic week as its price increased by over 2%, but this volatility dropped, hinting at a possible price drop\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-faces-a-roadblock.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/XRP-faces-a-roadblock.webp\",\"width\":1792,\"height\":1024,\"caption\":\"XRP faces a roadblock\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\",\"name\":\"Dipayan Mitra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg\",\"caption\":\"Dipayan Mitra\"},\"description\":\"Dipayan is a full-time journalist at AMBCrypto. He has 2 years of experience in the content creation industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. He is a singer and a guitarist who also enjoys going on long bike rides.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/dipayan-mitra-91857599\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/DiDipayan\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/dipayan-mitra\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto","description":"XRP had an optimistic week as its price increased by over 2%, but this volatility dropped, hinting at a possible price drop","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/","og_locale":"en_US","og_type":"article","og_title":"Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto","og_description":"A bearish pattern emerged on XRP\u2019s chart, which might push the token\u2019s price down to $0.47.","og_url":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-05-24T10:00:20+00:00","article_modified_time":"2024-05-24T11:16:37+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp","type":"image\/webp"}],"author":"Dipayan Mitra","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/DiDipayan","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Dipayan Mitra","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/"},"author":{"name":"Dipayan Mitra","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/a3c1a47ad2d3e2a023516862993813cd"},"headline":"Will XRP\u2019s price drop to $0.47 after these indicators flash red?","datePublished":"2024-05-24T10:00:20+00:00","dateModified":"2024-05-24T11:16:37+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/"},"wordCount":533,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp","keywords":["ambcrypto"],"articleSection":["Altcoin","News","News 1","Ripple","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/","url":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/","name":"Will XRP\u2019s price drop to $0.47 after these indicators flash red? - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp","datePublished":"2024-05-24T10:00:20+00:00","dateModified":"2024-05-24T11:16:37+00:00","description":"XRP had an optimistic week as its price increased by over 2%, but this volatility dropped, hinting at a possible price drop","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/will-xrps-price-drop-to-0-47-amid-bearish-indicators\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/XRP-faces-a-roadblock.webp","width":1792,"height":1024,"caption":"XRP faces a roadblock"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/a3c1a47ad2d3e2a023516862993813cd","name":"Dipayan Mitra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","caption":"Dipayan Mitra"},"description":"Dipayan is a full-time journalist at AMBCrypto. He has 2 years of experience in the content creation industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. He is a singer and a guitarist who also enjoys going on long bike rides.","sameAs":["https:\/\/www.linkedin.com\/in\/dipayan-mitra-91857599\/","https:\/\/x.com\/https:\/\/twitter.com\/DiDipayan"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/dipayan-mitra\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/394367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=394367"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/394367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/394374"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=394367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=394367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=394367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}