XRP (XRP) worth has plunged greater than 35% since reaching a multi-year excessive of $3.40 in January — and the downtrend might deepen in April as new bearish alerts emerge.
Let’s look at these catalysts intimately.
XRP nears a traditional technical breakdown
XRP’s latest worth motion is flashing a traditional bearish reversal sign dubbed “inverse cup and deal with formation.”
The inverse cup and deal with is a bearish chart sample that alerts fading purchaser momentum after an uptrend. It resembles an upside-down teacup, with the “cup” marking a rounded decline and the “deal with” forming after a quick consolidation.
Inverse cup-and-handle sample illustrated. Supply: 5Paisa
A break under the deal with’s assist sometimes confirms the sample, typically resulting in a drop equal to the cup’s peak.
In XRP’s case, the rounded “cup” topped round March 19 and accomplished its curved decline by the top of the month. The continued sideways worth motion between $2.05 and $2.20 kinds the “deal with.”
XRP/USD four-hour worth chart. Supply: TradingView
A breakdown under this horizontal consolidation vary may validate the bearish construction, opening the door for a possible transfer towards the $1.58 assist space — as instructed by the measured transfer projection proven on the chart above.
In different phrases, XRP can decline by over 25% in April if the inverse cup and deal with setup performs out as meant.
Supply: Peter Brandt
Including to the sell-off threat is knowledge from the quantity profile seen vary (VPVR) indicator, which reveals the purpose of management (POC) round $2.10–$2.20 — a key assist zone. A breakdown under this high-volume space may set off a sharper drop, as decrease quantity ranges under have provided little historic assist in latest historical past.
XRP/USD four-hour worth chart. Supply: TradingView
Conversely, a robust shut above the 50-period 4-hour EMA (crimson line) close to $2.14 may invalidate the inverse cup-and-handle sample. Such a breakout might shift momentum in favor of the bulls, probably paving the best way for a rally towards the 200-period 4-hour EMA (blue line) round $2.28.
Associated: Investor demand for XRP falls as the bull market stalls — Will traders defend the $2 support?
XRP whale movement level to extra promote strain
As of April 5, CryptoQuant’s 90-day shifting common whale movement chart was displaying sustained web outflows from XRP’s largest holders since late 2024.
XRP whale movement 90-day shifting common. Supply: CryptoQuant
Throughout XRP’s sharp price boom in This fall 2024, whale exercise flipped deeply damaging, indicating massive entities have been distributing into power and promoting the native tops. The development has continued into 2025, with the overall whale movement remaining firmly under zero.
This divergence between rising costs and declining whale assist suggests weakening institutional conviction and raises issues over XRP’s near-term worth stability until accumulation resumes.
US President Donald Trump’s global tariffs and the Federal Reserve’s slightly hawkish response to them have furthered dampened threat sentiment, which can weigh XRP and the broader crypto market down within the coming quarters.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.