Ripple’s XRP has experienced a notable decline over the past week, lagging behind gains seen in major cryptocurrencies like Bitcoin, Ethereum, BNB, and SOL. Currently trading around $2.37, XRP has dipped over 5% within the last seven days, with a further 3.4% drop observed within the past 24 hours, according to Coingecko data. This dip represents a sharp contrast to the recent rally that began on March 19th following the settlement agreement between Ripple and the SEC. 2025 saw an initial $50 million payment from Ripple to the SEC, along with hopes for the court’s decision to lift the earlier injunction against Ripple. However, XRP’s trading volume has also taken a hit, plummeting from over $4 billion down to $2.9 billion in the last week – a 39% decline. 5-day chart analysis reveals two concerning bearish patterns: a head and shoulders (H&S) formation and a descending triangle. These suggest potential downsides for XRP.