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XRP price risks a 13% drop despite Ripple's AI payments partnership and weakening sell volume hints at a possible bounce.

Market News
16 Jul 2026
BeInCrypto
View Source
Bearish
pluang ai news

XRP price is showing a bearish pattern that could lead to a 13% decline, even as Ripple announces a major AI payments partnership. The token formed a head and shoulders pattern on its 8-hour chart, signaling potential downside, while large traders (whales) are increasingly shorting XRP. On-chain data shows a slowdown in retail buying, reinforcing the bearish outlook. However, weakening sell volume suggests there might be a short-term bounce near $1.10 before any further drop. Key support levels to watch are $1.08, $1.06, and potentially $0.92 if the pattern confirms.

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