COINOTAG recommends • Exchange signup Trade with pro tools Fast execution, robust charts, clean risk controls. Open account → XRP is showing bearish signs: a descending triangle, dominant sell-side CVD and weakening on-chain and derivatives metrics increase the probability of a retest of $2.72 in the short term unless demand and network activity rebound quickly. Descending triangle with flat support near $2.72 indicates downside risk. Spot taker CVD shows sustained sell-side dominance, limiting bullish momentum. On-chain and derivatives metrics: transactions ~109K, network growth ~859, OI down 6.51% to 2.78B. XRP technical outlook: descending triangle and sell-side CVD point to a possible retest of $2.72 — read the on-chain and derivatives analysis and key takeaways. Is XRP’s chart signaling a deeper decline toward $2.72? XRP currently trades inside a descending triangle, with lower highs compressing against a flat support near $2.72. Technical weakness combined with dominant sell-side cumulative volume delta (CVD) and softer on-chain and derivatives activity increases the probability of a retest of $2.72 in the near term. How does Spot Taker CVD affect XRP price momentum? The Spot Taker CVD is in “Taker Sell Dominant” territory, indicating net selling pressure from aggressive participants. Short-term bounces have failed to reverse the CVD trend, which suggests sellers retain control of momentum and limit sustained bullish recoveries. COINOTAG recommends • Exchange signup Clear control for futures Sizing, stops, and scenario planning tools. Open futures account → Source: TradingView (image provided for visual context) Can weakening on-chain and derivatives activity affect XRP’s stability? On-chain metrics reveal a notable cooldown in network participation. Transaction count fell to ~109K and network growth dropped to ~859, indicating fewer active addresses and lower throughput on the XRP Ledger. This reduced participation tends to suppress organic demand and can amplify technical downtrends. Source: CryptoQuant (data snapshot) What do derivatives tell us about participation and risk? Open Interest (OI) contracted by 6.51% to 2.78 billion, showing lower derivatives participation and fewer new directional bets. A falling OI alongside sell-side dominance often precedes trend continuation rather than reversal, though lower leverage can reduce the scale of forced liquidations. Source: CryptoQuant (derivatives overview) Summary table: Key on-chain & derivatives metrics Metric Value Implication Transaction count ~109K Lower throughput, reduced demand Network growth ~859 Fewer new addresses, weaker adoption signals Open Interest 2.78B (-6.51%) Lower derivatives participation Spot Taker CVD Taker Sell Dominant Aggressive net selling pressure How to assess short-term risk for XRP? Monitor Spot Taker CVD for changes from sell to neutral/buy dominance. Watch transaction count and network growth for renewed on-chain engagement. Track Open Interest for increasing participation that could fuel rallies. Source: Santiment (on-chain snapshot) Frequently Asked Questions Will XRP fall to $2.72? Current indicators favor a retest: a descending triangle, sell-side CVD, falling OI and cooled on-chain activity raise the probability of another move toward $2.72 unless demand and network engagement recover swiftly. What would invalidate the bearish case? A sustained shift in Spot Taker CVD to buy dominance, rising transaction counts and a notable increase in Open Interest would suggest renewed demand and reduce the likelihood of a $2.72 retest. Key Takeaways Technical setup : Descending triangle with flat support at $2.72 favors downside risk. Market structure : Spot taker CVD and falling OI show sell-side control and lower participation. Actionable insight : Watch CVD, transaction count and OI for confirmation before positioning. Conclusion COINOTAG analysis shows XRP’s short-term outlook leans bearish as technical, on-chain and derivatives signals align toward downside pressure. The $2.72 level remains critical; a meaningful recovery requires stronger on-chain engagement and a reversal in Spot Taker CVD. Monitor the metrics listed above before adjusting exposure. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "XRP technical outlook: descending triangle and sell-side CVD raise probability of $2.72 retest", "alternativeHeadline": "On-chain and derivatives metrics point to bearish risk for XRP", "image": [ "https://en.coinotag.com/wp-content/uploads/2025/10/XRPUSDT_2025-10-08_11-00-28.png" ], "datePublished": "2025-10-08T11:00:00Z", "dateModified": "2025-10-09T00:00:00Z", "author": { "@type": "Organization", "name": "COINOTAG" }, "publisher": { "@type": "Organization", "name": "COINOTAG", "logo": { "@type": "ImageObject", "url": "https://en.coinotag.com/wp-content/uploads/2024/01/coinotag-logo.png" } }, "description": "XRP technical outlook: descending triangle, sell-side CVD and weakening on-chain and derivatives metrics increase the probability of a retest of $2.72."} { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Is XRP likely to retest $2.72?", "acceptedAnswer": { "@type": "Answer", "text": "Multiple indicators — a descending triangle, sell-side CVD and falling Open Interest — increase the probability of a retest of $2.72 unless demand and network activity improve." } }, { "@type": "Question", "name": "Which on-chain metrics should traders watch?", "acceptedAnswer": { "@type": "Answer", "text": "Monitor transaction count, network growth and Spot Taker CVD for early signs of renewed demand or easing sell pressure." } } ]} { "@context": "https://schema.org", "@type": "HowTo", "name": "How to assess short-term XRP risk", "description": "Steps to evaluate XRP's short-term technical and on-chain risk.", "step": [ { "@type": "HowToStep", "name": "Check Spot Taker CVD", "text": "Confirm whether CVD is in sell or buy dominance; a shift toward buy dominance reduces immediate downside risk." }, { "@type": "HowToStep", "name": "Review on-chain activity", "text": "Track transaction count and network growth for indications of renewed user engagement." }, { "@type": "HowToStep", "name": "Monitor Open Interest", "text": "Rising OI alongside bid-side flow can provide fuel for a sustained move higher." } ]} COINOTAG recommends • Exchange signup Smarter tools. 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