Source: Cointelegraph Original: "{title}"
The price of Ripple (XRP) has fallen over 35% since reaching a multi-year high of $3.40 in January this year—amid new bearish signals, the downtrend may intensify in April.
Let’s analyze these catalysts in detail.
Ripple's recent price action shows a classic bearish reversal signal known as the "inverted cup and handle pattern."
The inverted cup and handle is a bearish chart pattern that signals a weakening of buyer momentum after an uptrend. It resembles an upside-down teacup, with the "cup" marking a rounded decline and the "handle" forming after a brief consolidation.
In the case of Ripple, the rounded "cup" peaked around Tuesday (March 19) and completed its curve downward by the end of the month. The ongoing sideways price movement between $2.05 and $2.20 forms the "handle."
XRP/USD four-hour price chart. Source: TradingView
A breakdown below this level of consolidation may validate the bearish structure, opening the door for a potential move to the $1.58 support zone—as indicated by the measured move prediction shown above.
In other words, if the inverted cup and handle setup plays out as expected, Ripple could decline by over 25% in April.
Source: Peter Brandt
Adding to the selling risk is data from the Visible Range Volume Profile (VPVR) indicator, which shows the Point of Control (POC) around $2.10–$2.20—a key support area. A breakdown below this high-volume area could trigger a more severe decline, as the lower volume levels below have provided almost no support in recent history.
XRP/USD four-hour price chart. Source: TradingView
Conversely, a strong breakout above the 50-period 4-hour EMA (red line) near $2.14 could invalidate the inverted cup and handle pattern. Such a breakout might shift momentum to the bulls, potentially paving the way for a rebound towards the 200-period 4-hour EMA (blue line) near $2.28.
Related: Demand for Ripple declines as the bull market stagnates—will traders defend the $2 support?
As of Thursday (April 5), CryptoQuant's 90-day moving average whale flow chart shows continued net outflows from Ripple's largest holders since the end of 2024.
Ripple whale flow 90-day moving average. Source: CryptoQuant
During the sharp price increase of Ripple in the fourth quarter of 2024, whale activity turned deeply negative, indicating that large entities distributed and sold at local highs. This trend has continued into 2025, with overall whale flow remaining below zero.
This price increase, coupled with the decline in whale support, indicates a weakening of institutional confidence and raises concerns about Ripple's short-term price stability unless accumulation resumes.
U.S. President Donald Trump's global tariff policy and the Federal Reserve's slightly hawkish response further dampen risk sentiment, which could impact Ripple and the broader cryptocurrency market in the coming quarters.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
