I just checked the XRP chart and things don’t look good lately. It’s in a pretty clear downtrend: it fell below the 200-week moving average at $1.42, something that hasn’t happened since last November. The RSI is in the low 30s, which means there’s strong selling pressure, and the price is still looking for support levels at $1.12 and $1. What’s interesting is that this coincided with all the recent macroeconomic noise. The PIB data that was released came in weaker than expected, which strengthened the dollar and put pressure on risk assets like XRP. That contrast between what was projected (between 1% and 3.6%) versus what actually came out changed market sentiment quite a bit. The curious thing is that on-chain activity has decreased, but on social media people are still talking positively about the permissioned DEX update. However, the price still isn’t matching that optimism yet. It seems the technical numbers are winning for now. Let’s see whether XRP finds a bottom or stays in this downtrend for a bit longer.

I just reviewed the daily chart of XRP and the formation I see is quite concerning. A doji candle in the shape of a tombstone has formed, a pattern that typically indicates buyers have lost strength after trying to push higher. The price is currently hovering around $1.43, but what's interesting is how it got here: it opened higher, touched highs near $1.46 during the day, but then dropped significantly to close at lower levels. That rejection of higher prices is what forms this tombstone. What catches my attention is that analysts like Ali Martinez have pointed out that similar patterns on the weekly chart recently preceded drops of 46%. This is not something to ignore. When you see this kind of formation, it generally means bullish exhaustion is present and sellers are taking control. Other technical analysts in the community are also seeing the same bearish implications. If the bulls fail to respond with a strong candle closing above previous highs, we could see more downward pressure on XRP. For now, this tombstone pattern is a signal worth monitoring closely.

I just found out about the recent updates completed on the XRP Ledger, and honestly, there are some quite interesting technical details. It turns out that David Schwartz, Ripple's Emeritus CTO, has been coordinating significant improvements to the infrastructure after a planned pause that lasted less than ten minutes at one of the key centers. What caught my attention is that before all this, Schwartz confirmed that the center's performance had been consistent, so he rules out any concerns about previous technical issues. The interruption was entirely intentional and part of scheduled software updates. Technically, they deployed version 3.2.0-b3 of the XRPL software, along with improvements to the operating system and platform. The CTO has been focused on enhancing the network's efficiency, security, and scalability, which are critical aspects for any infrastructure of this level. There were also changes to the Unique Node List. Gen3Labs was added, while the University of São Paulo was removed. These moves reflect ongoing efforts to maintain decentralization and trust in the network, which isn't always easy to balance. What I find relevant is that these updates are not just for maintenance. They are specifically designed to address potential vulnerabilities and ensure the network remains compatible with financial applications. The CTO and his team are clearly thinking about long-term stability and resilience, not just quick fixes. XRP Ledger continues to demonstrate that it can evolve without losing operational reliability.