XRP trades at $2.07 as analysts watch for a breakout toward $9.50. Key chart patterns form while holders reduce exposure and sentiment drops.XRP trades at $2.07 as analysts watch for a breakout toward $9.50. Key chart patterns form while holders reduce exposure and sentiment drops.

Massive XRP Move Ahead? Key Patterns Predict 360% Upside

2025/12/06 01:13

XRP is trading at around $2.07 following a weekly decline of nearly 8%. While short-term momentum remains weak, recent technical charts point to the possibility of a major price move.

Analysts are watching key support and resistance levels, as well as long-term formations that could drive the next trend.

Technical Pattern Sets $9.50 Target

A 2-week chart shared by analyst EGRAG CRYPTO shows XRP forming a Descending Broadening Wedge. This pattern tracks a series of lower highs and lower lows, often seen before high volatility. The current setup suggests a breakout is nearing.

If the asset breaks above the upper trendline, the projected move could take it to $9.50 — a 360% increase from its current range. If the pattern fails and the price moves below support, the chart shows a downside target around $0.50.

Analyst Rose Premium Signals posted a 2-day chart showing XRP bouncing off the lower trendline of an ascending channel. This level has held multiple times in recent months, and the asset has reacted strongly again.

If the bounce holds, upside targets include $2.3, $2.6, $3, $3.57, and $4.1. The chart also outlines a possible short-term dip to the $1.5–$1.6 zone before a rally. One price projection on the chart points to a move as high as $4.87 over the next few months, depending on price stability and market strength.

Short-Term Resistance and Support in Focus

CryptoWZRD shared a daily outlook showing XRP trading below the $2.27 resistance zone. The asset is hovering just at $2.07, which is being tested as short-term support. A reversal from this area could trigger a move toward resistance.

Both XRP and XRPBTC ended the day with bearish candles. With Bitcoin dominance showing signs of softening, analysts expect more random moves ahead of the upcoming weekly close in traditional markets. $2.00 is noted as the main downside support.

Meanwhile, short-term holders continue to sell. Analyst Steph Is Crypto reported a drop in the 6–12 month holding group from 26.18% to 21.65%. Around 140 million XRP were recently moved or sold by large wallets, based on data tracked by Ali Martinez.

Santiment data also shows that social media sentiment toward XRP has turned more negative. The platform reported that fear-driven commentary is now at its highest level since October.

The post Massive XRP Move Ahead? Key Patterns Predict 360% Upside appeared first on CryptoPotato.

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The post XRP Moves Sideways Above $2.00 appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Dec 05, 2025 at 21:05 Today, the XRP price has reached a low of $2.00. XRP long-term analysis: bearish Since November 24, the price of XRP has remained below the 21-day moving average. Following the price drop on October 10, as Coinidol.com reported, the price has stabilised above the $1.80 support and below the 21-day SMA barrier. The cryptocurrency has repeatedly broken above the 21-day SMA, but buyers have been unable to sustain bullish momentum above this level. Now, if the current support is breached, bearish momentum is likely to continue towards the low of $1.82. Currently, XRP is around $2.07. XRP price indicator analysis The XRP moving average lines are positioned above the price bars. XRP declines each time it is pushed back by the 21-day SMA barrier. Doji candlesticks have formed, leading to price consolidation. On the 4-hour chart, the price bars are below the horizontal moving average lines, indicating a downtrend. Technical indicators: What is the next direction for XRP? XRP is trading above the $1.80 support level and below the $2.30 peak. The price has fallen below the moving average lines, approaching the critical support level of $2.00. On December 1, the price retested the $2.00 support before pulling back. If XRP falls and remains above $2.00, it is expected to continue moving sideways. Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds. Source: https://coinidol.com/xrp-moves-sideways/
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BitcoinEthereumNews2025/12/06 05:31