
{"id":122319,"date":"2025-12-22T17:27:42","date_gmt":"2025-12-22T17:27:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=122319"},"modified":"2025-12-22T17:27:42","modified_gmt":"2025-12-22T17:27:42","slug":"double-bottom-or-double-top-why-xrp-is-at-a-make-or-break-moment","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=122319","title":{"rendered":"Double Bottom or Double Top? Why XRP Is at a \u2018Make-or-Break\u2019 Moment"},"content":{"rendered":"<p>XRP is holding above $1.9 after bouncing from key support near $1.8. The move follows a brief dip below that level, which was quickly reversed. It has since reclaimed the zone, drawing attention to a possible short-term shift in trend.<\/p>\n<h2>Support Zone Holds as RSI Rebounds<\/h2>\n<p>Analyst Niels <a href=\"https:\/\/x.com\/Web3Niels\/status\/2002770672498749865?s=20\">flagged<\/a> a potential double bottom around the $1.8 level. XRP tested the area twice, with the second move briefly falling below support before recovering. This type of price action is often seen during early signs of recovery.<\/p>\n<p>\u201cXRP had a fakeout below the support level before reclaiming the zone,\u201d he noted.<\/p>\n<p>The RSI also shows signs of strength. After reaching oversold levels near 22, the indicator has rebounded to around 45. Niels added,<\/p>\n<p>\u201cRSI has bottomed out already, and now the price is showing good signs too.\u201d<\/p>\n<p>If momentum continues, the next resistance sits near $1.95. A move above that could bring targets between $2.3 and $2.5 into play.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/G8tFT2IXgAAw2S_.jpeg\"><\/a>XRP Price Chart 22.12. Source: Niels\/X<\/p>\n<p>Even so, XRP dropped below $1.90 over the weekend, breaking out of a tight range. The move came with a rise in volume, which suggested sellers were active. The broader market was mixed, and XRP showed less follow-through than some other large-cap tokens. Since losing the $2 level earlier this month, rebounds have been limited.<\/p>\n<p>That said, ChartNerd <a href=\"https:\/\/x.com\/ChartNerdTA\/status\/2002822486598324694?s=20\">noted<\/a> that XRP is still trading above its Monthly Supertrend indicator and stated,<\/p>\n<p>\u201cBeing above the Monthly Supertrend indicator implies that $XRP is still in a bull market.\u201d<\/p>\n<h2>On-Chain Activity and Sentiment Signals<\/h2>\n<p>Address activity on the XRP network has slowed. Ali Charts <a href=\"https:\/\/x.com\/alicharts\/status\/2002430797979001331?s=20\">reported<\/a> a drop from 46,000 active wallets to 38,500 over the past week. This change suggests fewer participants in the network during the current range-bound price action.<\/p>\n<p>Analyst Daniel Ramsey <a href=\"https:\/\/x.com\/ramseycrypto\/status\/2002791007931486707?s=20\">shared<\/a> a different view.<\/p>\n<p>\u201c#XRP is testing the neckline of Double Top formation,\u201d he said.<\/p>\n<p>He described the setup as \u201c<em>looking bearish.<\/em>\u201d A close below $1.77 would break the recent structure and put the next major support near $0.8 back in focus. Additionally, data shared by Ali Martinez <a href=\"https:\/\/cryptopotato.com\/ripple-on-edge-key-indicator-flashes-red-with-xrp-near-major-support\/\">shows<\/a> that the TD Sequential tool may have signaled a local top after XRP\u2019s bounce from $1.77 to $1.92.<\/p>\n<p>XRP is priced at $1.92 at press time, with a 24-hour volume of $2.24 billion. The token is down over 1% in the past day and almost 4% over the past week. While short-term direction remains uncertain, spot Ripple ETFs <a href=\"https:\/\/cryptopotato.com\/why-are-ripple-xrp-etfs-more-attractive-to-investors-than-btc-eth-sol-funds\/\">have continued<\/a> to post gains since their launch on November 13, showing steady demand from market participants.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/double-bottom-or-double-top-why-xrp-is-at-a-make-or-break-moment\/\">Double Bottom or Double Top? Why XRP Is at a \u2018Make-or-Break\u2019 Moment<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP is holding above $1.9 after bouncing from key support near $1.8. The move follows a brief dip below that level, which was quickly reversed. It has since reclaimed the zone, drawing attention to a possible short-term shift in trend. Support Zone Holds as RSI Rebounds Analyst Niels flagged a potential double bottom around the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":122320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-122319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122319"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122319"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/122320"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}