XRP (XRP) Price has plummeted more than 35% since reaching a maximum of $ 3.40 in January. As a new weak signal appears, the decline may intensify in April.
Let’s take a closer look at this catalyst.
XRP is close to a typical technology failure
XRP’s recent price action is flashing a classic Bearish reversal signal called “opposite cups and handle formations.”
The reverse cup and handle are the weak chart patterns that signal the buyer momentum after the rise. After a simple integration, the “cup” is similar to the upside down teacup that marks the round decline and the formation of the “handle”.
The reverse cup and handle pattern is described. Source: 5PAISA
The rest under the handle support usually checks the pattern and often leads to the same drop as the cup height.
In the case of XRP, the round “cup” was boarded around March 19 and completed the curve decrease by the end of the month. The price moving to the ongoing side between $ 2.05 and $ 2.20 forms a “handle”.
XRP/USD 4 -hour price chart. Source: TradingView
The failure under this horizontal integration range can be verified of the weak structure and can be opened for potential movement to the $ 1.58 support area as suggested by the measured movement projection shown in the chart above.
In other words, if the reverse cup and handle settings are played as intended, XRP can decrease by more than 25% in April.
source: Peter Brand
Added to selling risks is the data of VPVR (Volume Profile Visible Range), which shows the main support area POC (Point of Control). The breakdown under this massive area can cause a clearer decline because the volume level under the recent history has been almost historically supported.
XRP/USD 4 -hour price chart. Source: TradingView
On the contrary, strong cups of EMA (red line) or more can invalidate the reverse cup and handle pattern near $ 2.14. Such brake outs can change momentum in favor of the bull and can potentially open a rally for EMA (Blue Line) for 4 hours for 200 weeks of $ 2.28.
relevant: Investor demand for XRP is Bull Market Stalls -Will the trader defend $ 2?
XRP whale flows point to more sales pressure
As of April 5, Cryptoquant’s 90 -day moving average whale flow chart showed continuous net leaks from XRP’s largest holder since late 2024.
XRP Whale Flow 90 days moving average. Source: cryptoquant
In the fourth quarter of 2024, during the rapid price boom of XRP, whale activities were deeply negative, indicating that large -scale entities were distributed to intensity and selling local towers. This trend continued in 2025 and the total whale flow remains tightly with less than zero.
These differences between price rising and reduced whale support are raised concerns about the short -term price stability of XRP unless the accumulation is resumed by weakening institutional convictions.
US President Donald Trump’s global tariffs and federal reserve banks’ some attractive response to them improved the risk of increasing the weight of XRP and wider crypto markets.
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.