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XRP may drop to $0.75-$0.85 if bulls lose momentum in a long-term falling wedge pattern.

Technical Signals
31 Oct 2026, 11:03 WIB
Tokenpost
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Neutral
XRP may drop to $0.75-$0.85 if bulls lose momentum in a long-term falling wedge pattern.

Crypto analyst JD highlights a potential drop zone for XRP between $0.75 and $0.85 if bullish momentum fails within a multi-month falling wedge pattern on the weekly chart. This area is JD's next buy target if reached. The chart shows previous significant declines accompanied by bearish signals in the weekly RSI, with the current RSI at 46.77, indicating weak momentum. The wedge is projected to converge by early 2027, but no exact timeline for the price drop was given. This adds a lower target to JD's earlier warning of a $1.25-$1.30 range for XRP.

XRP is trading at Rp22.585 on Pluang as of Oct 31, 2026, 15:22 WIB, down 0.61% in the last day. This price sits within a broader context where 64% of the total 100 billion XRP supply is circulating, and the market shows a nearly balanced order activity with 53% buying and 47% selling. The typical hold time of 73 days on Pluang suggests moderate investor patience amid the current weak momentum noted in the weekly RSI at 46.77.

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