XRP (XRP) price 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 in element.
XRP nears a basic technical breakdown
XRP’s latest price motion is flashing a basic bearish reversal sign dubbed “inverse cup and handle formation.”
The inverse cup and handle 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 “handle” forming after a quick consolidation.
Inverse cup-and-handle sample illustrated. Supply: 5Paisa
A break beneath the handle’s assist usually confirms the sample, typically main to 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 tip of the month. The continued sideways price motion between $2.05 and $2.20 kinds the “handle.”
XRP/USD four-hour price chart. Supply: TradingView
A breakdown beneath this horizontal consolidation vary might validate the bearish construction, opening the door for a possible transfer towards the $1.58 assist space — as urged 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 handle setup performs out as meant.
Supply: Peter Brandt
Including to the sell-off threat is information from the amount profile seen vary (VPVR) indicator, which exhibits the purpose of management (POC) round $2.10–$2.20 — a key assist zone. A breakdown beneath this high-volume space might set off a sharper drop, as decrease quantity ranges beneath have supplied little historic assist in latest historical past.
XRP/USD four-hour price chart. Supply: TradingView
Conversely, a robust shut above the 50-period 4-hour EMA (crimson line) close to $2.14 might invalidate the inverse cup-and-handle sample. Such a breakout might shift momentum in favor of the bulls, doubtlessly paving the way in which 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 stream level to extra promote stress
As of April 5, CryptoQuant’s 90-day transferring common whale stream chart was displaying sustained internet outflows from XRP’s largest holders since late 2024.
XRP whale stream 90-day transferring common. Supply: CryptoQuant
Throughout XRP’s sharp price boom in This autumn 2024, whale exercise flipped deeply detrimental, indicating giant entities had been distributing into energy and promoting the native tops. The development has continued into 2025, with the overall whale stream remaining firmly beneath zero.
This divergence between rising costs and declining whale assist suggests weakening institutional conviction and raises considerations over XRP’s near-term price 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 in the approaching quarters.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a call.
