Concerns over tariffs and the recent breach of a crypto exchange may be fueling a decline not seen since President Trump’s election victory in November. Investors in cryptocurrencies are seeing red today.

Cryptocurrencies tumbled Tuesday but launched a tentative rebound, mirroring that of the U.S. stock market, early Wednesday.

The XRP price may be at a significant risk of a big crash this year even as it faces major catalysts in the coming months. Ripple has formed the head and shoulders chart pattern, a popular bearish sign in the market that points to double-digit losses in the coming weeks.