Why This Week May Be Pivotal for XRP's Price

The current week holds significant potential for the price trajectory of XRP. After enduring a prolonged period of downward pressure, technical indicators suggest that XRP may be on the verge of a crucial turnaround. If it manages to hold key support levels this week, it could reshape XRP's price movement as we approach the year's end.

Key Takeaways

XRP is experiencing a corrective phase but may see a change in trend soon.
Analysts are closely monitoring support levels, particularly at $1.64.
A potential decline from $1.91 to $1.64 is anticipated, with a significant recovery expected afterward.
A rebound could push XRP's price toward the $2.41 - $3.00 range by the end of the week.

XRP

Analyzing XRP's Price Trends

Crypto analyst CasiTrades believes this week could be a decisive moment for XRP's pricing. In a recent post on X, she illustrated a chart demonstrating XRP's current pattern within a descending structure, indicating lower highs and various Fibonacci retracement levels.

CasiTrades observed that XRP's recent market behavior validated her predictions of a downward trend, with XRP nearing its critical support zone within its corrective phase. She pointed out that XRP failed to secure the $2.0 level as support over the past weekend, which she referred to as "the pink scenario." After an unexpected drop below the $2 mark last week, XRP is presently trading at $1.91 following a minor recovery.

XRP Price
Source: TradingView

According to CasiTrades, the market is currently experiencing a subwave of Wave 3 in a downward movement. She noted that momentum indicators and the Relative Strength Index (RSI) are reaching levels that typically signal a major trend reversal. The analyst highlighted that the next critical level to monitor is around $1.73, which may offer short-term relief if buying interest increases.

CasiTrades marks $1.64 as a significant support area corresponding with the 0.618 Fibonacci retracement level. She anticipates that the XRP price could fall to this level, viewing it as the most probable final low in the broader correction.

The analyst also mentioned that XRP could hit this projected support in Wave 3 without a bounce back to $1.73. She suggested if there is a direct move to $1.64, the market might not need to retest the support zone again, as it could hold strong on the initial contact. CasiTrades further explained that a decline to $1.64 may correlate with Bitcoin potentially dropping to $79,000.

Although Bitcoin has a significant support level around $64,000 if it were to break below $79,000, CasiTrades contends that it's unlikely for XRP to fall beneath $1.64, even though a support level is also present around $1.54.

Anticipating a Major Recovery for XRP

While CasiTrades predicts an initial dip to the $1.64 support level, she also expects XRP to rebound sharply from this point. This bounce could pave the way for a substantial upward move into the $2.41 - $3.00 range. She anticipates such a powerful reversal could materialize by Friday, December 19, 2025.

The analyst indicated that whether XRP reaches this bullish target depends on the market's final decisions as it kicks off the week with a sense of excitement, coinciding with upcoming holiday celebrations.

XRP price chart from Tradingview.com
Bulls struggle with recovery | Source: XRPUSDT on Tradingview.com