XRP (XRP) has bounced nearly 30% after a four-month low of $1.61 amid rising tariff tensions. However, the rebound may be short-lived as technical patterns and on-chain signals now point to a deeper correction ahead. XRP cup-and-handle pattern hints at 40% drop XRP is forming a classic bearish reversal pattern that could see its price falling by at least 40% in the coming weeks. Dubbed inverse-cup-and-handle (IC&H), the pattern forms when the price rounds off in a curved descent (cup) followed b...
XRP to revisit its $1 'realized price'? These charts paint a bearish picture
Coin Telegraph - 19 Apr 2025 16:15
XRP (XRP) has bounced nearly 30% after a four-month low of $1.61 amid rising tariff tensions. However, the rebound may be short-lived as technical patterns and on-chain signals now point to a deeper correction ahead. XRP cup-and-handle pattern hints at 40% drop XRP is forming a classic bearish reversal pattern that could see its price falling by at least 40% in the coming weeks. Dubbed inverse-cup-and-handle (IC&H), the pattern forms when the price rounds off in a curved descent (cup) followed b...
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