XRP Signals Potential 13% Drop Despite Ripple AI News

Ripple recently joined the Linux Foundation to help build AI payment systems on the XRP Ledger. While this move into agentic payments is a significant development, the market has largely ignored the news. XRP is currently showing a bearish head and shoulders pattern on the 8 hour chart, which traders often view as a sign of a price reversal.

Big investors are currently betting against the token. Data shows that whales are holding significantly more short positions than retail traders. This trend, combined with a sharp decrease in buying activity on exchanges, suggests that large holders are selling into recent price rallies instead of accumulating more coins.

If the price drops below the critical $1.06 level, it could confirm the bearish pattern and lead to a 13% decline toward the $0.92 range. To reverse this negative trend, XRP needs to close above $1.13. For now, traders are watching the $1.06 neckline closely to see if the token can hold its current ground or if a deeper correction is on the way.