8-4-2025 – XRP, the digital currency tethered to Ripple Labs, finds itself teetering on the edge of a precipice as April unfolds, with ominous signs pointing to a potential price tumble. Having soared to a multi-year peak of $3.40 in January, the cryptocurrency has since shed over 35% of its value, now languishing at approximately $2.13. Market watchers are sounding the alarm, citing a cocktail of bearish technical signals and faltering confidence among its most influential backers.
A chilling pattern has emerged on XRP’s price chart, dubbed the “inverse cup and handle” by analysts—a formation notorious for foreshadowing sharp declines. Picture an upturned teacup: the “cup” traces a gradual descent from its March 19 summit, while the “handle” reflects a tense, sideways dance between $2.05 and $2.20 throughout recent weeks. Should XRP breach this fragile floor, experts warn of a plunge towards $1.58—a stomach-churning drop exceeding 25% from its current perch.
Compounding the unease, the VPVR indicator, which maps trading volume across price tiers, reveals a thin line of defence. The $2.10–$2.20 range stands as a sturdy bulwark, but beneath it lies a void of scant activity. A break below this threshold could see XRP cascade further, unmoored by meaningful support. Adding fuel to the fire, the cryptocurrency’s heavyweight investors—known as whales—have been steadily offloading their stakes. This exodus began in late 2024 and has persisted into 2025, undeterred by earlier price surges, signalling a stark lack of trust in XRP’s staying power.