{"id":127531,"date":"2025-04-19T14:21:11","date_gmt":"2025-04-19T14:21:11","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127531"},"modified":"2025-04-19T14:21:11","modified_gmt":"2025-04-19T14:21:11","slug":"xrp-to-revisit-its-1-realized-price-these-charts-paint-a-bearish-picture","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127531","title":{"rendered":"XRP to revisit its $1 &#039;realized price&#039;? These charts paint a bearish picture"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsXRP (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.<br \/>\nXRP cup-and-handle pattern hints at 40% drop<br \/>\nXRP is forming a classic bearish reversal pattern that could see its price falling by at least 40% in the coming weeks.<br \/>\nDubbed inverse-cup-and-handle (IC&amp;H), the pattern forms when the price rounds off in a curved descent (cup) followed by a brief consolidation phase (handle) \u2014 all atop a common neckline support level.<br \/>\nInverted cup-and-handle pattern illustrated. Source: MediumThe pattern is confirmed by a breakdown stage, where the price breaks decisively below support and falls by as much as the pattern\u2019s maximum height.<br \/>\nAs of April 19, XRP had entered the pattern\u2019s handle-formation phase, eyeing a decisive close below the neckline support at around $2. In this case, the primary downside target will likely be around $1.24, almost 40% below current prices.<br \/>\nXRP\/USD three-day price chart. Source: TradingViewThe IC&amp;H target aligns with XRP\u2019s 200-3D exponential moving average (200-3D EMA; the blue wave) at around $1.28 \u2014 and further coincides with a November 2024 top.<br \/>\nAdditionally, veteran trader Peter Brandt suggests that XRP\u2019s market cap could drop by 50% in the coming weeks.<br \/>\nSource: Peter BrandtXRP onchain fractal hints at 50% correction<br \/>\nXRP\u2019s inverse cup-and-handle pattern is unfolding in line with its historical price behavior, signaling that its 2025 rally may have topped out.<br \/>\nFor instance, the cryptocurrency saw sharp pullbacks to its aggregated realized price following major surges in previous cycles, most notably in 2018 and 2021.<br \/>\nXRP realized price by age (aggregated). Source: GlassnodeFor traders, the realized price serves as a psychological benchmark, representing the average price at which the XRP supply was last moved.<br \/>\nWhen the market price trades well above this level, most holders are in profit, which can encourage complacency or profit-taking. Conversely, if the price nears the realized price, fear of losses tends to rise, and selling pressure can intensify.<br \/>\nIn 2025, XRP surged past $3.20 before losing steam, repeating patterns seen in past bull-to-bear cycles. The current realized price at around $1, a likely downside target in 2025 down about 50% from the current prices.<br \/>\nInterestingly, XRP\u2019s $1 realized price target is closer to its 200-week EMA (the blue wave in the chart below) at $0.81, a bear market target discussed in Cointelegraph\u2019s analysis in late March.<br \/>\nXRP\/USD weekly price chart. Source: TradingViewAdding to the bearish outlook, over 80% of XRP addresses are currently in profit. The metric historically reached similar levels during previous market tops, often preceding significant rounds of profit-taking and pullbacks.<br \/>\nRelated: 81.6% of XRP supply is in profit, but traders in Korea are turning bearish \u2014 Here is why<br \/>\nXRP percent of addresses in profit. Source: GlassnodeIf history repeats, such similar conditions could incentivize traders to exit positions, accelerating XRP\u2019s retracement toward the realized price.<br \/>\nOdds of XRP hitting record highs are declining<br \/>\nSentiment around XRP reaching a new all-time high above the $3.55 level is deteriorating, according to prediction market data from Polymarket.<br \/>\nAs of April 19, the odds of XRP achieving this milestone before 2026 have dropped to just 35%, marking a sharp 25% decline from peak confidence levels in March, as shown below.<br \/>\nXRP all-time highs before 2026 odds. Source: PolymarketThe upside momentum in the crypto market has faded overall in April, coinciding with a broader decline in risk appetite driven by escalating global tariff tensions under Donald Trump\u2019s trade policies.<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/xrp-revisit-1-realized-price-charts-bearish-picture?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsXRP (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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127531"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127531"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127531\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127531"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}