Trader Warns XRP Now Flashing Bearish Signal That Preceded Solana and Bitcoin Correction – Here’s His Outlook

A crypto strategist who accurately called the Bitcoin (BTC) and Solana (SOL) correction this year says that the payments altcoin XRP is next in line to witness big price drops.

Pseudonymous analyst Bluntz tells his 318,000 followers on the social media platform X that the XRP against Bitcoin (XRP/BTC) pair is flashing a bearish divergence on the weekly chart.

Traders keep a close eye on coins flashing a bearish divergence as the signal suggests the token is losing bullish momentum and may be ready to enter a downtrend.

Bluntz also notes that XRP appears to be in the midst of an ABC correction against the US dollar.

“Looks increasingly like that was a complacency shoulder B wave on XRP in my opinion.

If BTC and SOL taught me anything the last month, do not fade the weekly bear divs.”