XRP price may drop another 40% as Trump tariffs spook risk traders

The XRP (XRP) market is flashing warning signs as a bearish technical pattern emerges on its weekly chart, coinciding with macroeconomic pressures from anticipated US tariffs in April. XRP descending triangle pattern hints at 40% dropSince its late 2024 rally, the XRP price chart has been forming a potential triangle pattern on its weekly chart, characterized by a flat support level mixed with a downward-sloping resistance line. A descending triangle pattern forming after a strong uptrend is seen as a bearish reversal indicator. As a rule, the setup resolves when the price breaks below the flat support level and falls by as much as the triangle’s maximum height source: https://cointelegraph.com/news/xrp-price-drop-40-trump-tariffs-spook-risk-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound