From Cointelegraph

April 19, 2025 10:15 AM:

XRP has surged almost 30% from a four-month low of $1.61 amid tariff tensions, but technical patterns suggest a possible 40% drop. The inverse cup-and-handle pattern predicts a decline to $1.24. Veteran trader Peter Brandt anticipates a 50% market cap drop. XRP’s on-chain fractal hints at a 50% correction based on historical price behavior.

XRP’s 2025 rally may have peaked, with a likely downside target of $1. The realized price, currently around $1, serves as a psychological benchmark for traders. Over 80% of XRP addresses are currently in profit, signaling potential profit-taking and pullbacks. The odds of XRP hitting record highs above $3.55 by 2026 have decreased to 35%.

The broader decline in risk appetite in April, driven by global tariff tensions, has impacted the crypto market’s upside momentum. Polymarket data shows a sharp 25% drop in confidence levels for XRP reaching a new all-time high. This article does not provide investment advice, and readers should conduct their own research before making decisions.

Read more at Cointelegraph: XRP to revisit its $1 ‘realized price’? These charts paint a bearish picture