XRP (XRP) recorded almost 30%of the minimum of $ 1.61 as the tariff tension increased. However, the rebound can be shorter because the technical pattern and the hot chain signal can now cover deeper modifications.
The XRP Cup & handle pattern hints with 40% drops
XRP has formed a classic weak reversal pattern that can drop more than 40% over the next few weeks.
The pattern called the opposite cup and handle (IC & H) is at the top of the general neckline support level due to the price of the price (handle) after the price is rounded down from the curved down (cup).
The pattern is confirmed by the classification stage, where the price is decisively broken under support and falls by the maximum height of the pattern.
As of April 19, XRP entered the pattern’s handle formation stage and had a decisive basis for $ 2 under the neckline support. In this case, the primary disadvantage goal will be about $ 1.24 than the current price.
The IC & H target matches the 200-3D index moving average (200-3D EMA; Blue Wave) of about $ 1.28 and is consistent with the November 2024 Tower.
The veteran merchant Peter Brandt also suggests that the market cap of XRP can decrease by 50% in the next few weeks.
XRP onchain fractal gives hints at 50% correction
XRP’s reverse cup and handle patterns coincide with historical price behavior, indicating that the rally in 2025 may have taken.
For example, Cryptocurrency saw a rapid embarrassment at a total price in 2018 and 2021 following the major surge in the previous cycle.
For traders, the realized price acts as a psychological benchmark that shows the last average price of XRP supply.
When the market price is much higher than this level, most holders can benefit and encourage pride or profit. On the contrary, if the price is realized, the fear of loss tends to increase, and sales pressure may be strengthened.
In 2025, XRP exceeded $ 3.20 before losing Steam and saw a repeated pattern in the past bull-bread cycle. The current price is about $ 1, which is likely to have fallen about 50% from the current price.
Interestingly, XRP’s $ 1 realization price target is more than 200 weeks EMA (Blue Wave on the Chart below), which is the bear market goal discussed in the analysis of Coatelewraph at the end of March.
In addition to the weak outlook, more than 80% of the XRP address is currently gaining profit. This metrics have historically reached similar levels at the previous market tower, often ahead of significant profits and full backs.
relevant: 81.6%of the XRP supply is profitable, but Korean merchants are weak.
If history is repeated, such similar conditions can be encouraged to terminate the position to the trader, and the return of the XRP can be accelerated at a realized price.
The probability of XRP’s record high is decreasing.
According to POLYMARKET’s predictive market data, feelings of reaching the new all -time high around XRP are deteriorating.
As of April 19, the probability of achieving this milestone before 2026 dropped to 35%, and as shown below, it has dropped sharply by 25% at the highest reliability level in March.
The rising propulsion of the encryption market has disappeared in April and consists of a wide range of dangerous appetite caused by expanding global tariffs from Donald Trump’s trade policy.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.