XRP retraces 61% from its peak — this signal hints at deeper trouble

AmbCrypto reports XRP has retraced roughly 61% from its recent peak and highlights a technical/on‑chain signal that could point to deeper downside pressure for the token ^[1].

Multiple outlets documented steep losses across the latest sessions: NewsBTC and News.Bitcoin.com noted a more than 10% 24‑hour slide and a brutal 15% intraday crash that left XRP nearly 45% below its January high, while other coverage placed declines as large as ~50–58% from prior peaks ^[4][5][3].

Analysts highlighted weakening on‑chain metrics and technicals as reasons for the selling: NewsBTC flagged deteriorating on‑chain signals that raise the risk of a move toward $1.00, BlockNews identified key accumulation zones between $1.50–$1.30 and $0.90–$0.70, and a separate NewsBTC chart analysis showed price trading below the 100‑hour SMA with a bearish trend line near $1.38 ^[4][3][6].

The market displayed selective strength elsewhere: Hyperliquid’s HYPE rallied about 6.2% after integrating with Ripple’s ecosystem, even as XRP moved lower, underscoring divergent reactions to project‑specific news versus broader technical pressure on XRP ^[2].

Taken together, recent reporting shows XRP has experienced substantial retracement from its highs and that weakening on‑chain and technical indicators are being cited as signals of further downside risk; market participants are watching the identified accumulation zones and trend‑line resistance for signs of stabilization ^[1][4][3][6].