The cryptocurrency XRP is facing potential price decline of up to 19%, driven by a bearish chart pattern. No major statements from Ripple Labs leadership have been issued regarding this development. While the market remains focused on the potential for XRP’s price to fall, recent technical analysis has highlighted an inverted cup and handle pattern that could disrupt market stability. Ripple CEO Brad Garlinghouse and CTO David Schwartz have remained silent on this matter despite the chart concerns. 19% of XRP’s current value would equate to a decline from $2.22, highlighting the critical support level for the asset. Market analysts are closely watching if the price will break below the current levels and possibly retreat to $1.71 according to recent analysis. Ripple’s silence on this issue suggests no immediate protocol changes or developer actions in response to market trends. Traders may need to reassess their investment strategies as a result of this potential decline. The impact, however, appears limited to XRP itself, with no spillover observed into other major cryptocurrencies. Historical volatility and technical analysis suggest possible further price fluctuations. However, Ripple’s established market position suggests minimal external impact despite the market turbulence. This article is for informational purposes only and should not be construed as financial advice. Crypto investment carries inherent risks and consulting a qualified advisor is advised before making any investment decisions.