The post XRP Price News: appeared on BitcoinEthereumNews.com. Technical indicators across multiple timeframes point to structural weakness despite brief breakout attempts above $2.05 resistance during overnight trading. News Background XRP continues to face pressure as its weekly performance deteriorates to -7.4%, adding to the multi-session downtrend dominating early December. Despite persistent weakness in price, institutional demand remains strong via U.S. spot XRP ETFs, which have attracted $906 million in net inflows since launch — with no outflow days recorded. Meanwhile, social sentiment has collapsed to extreme fear readings matching October lows, with Santiment reporting the highest level of bearish commentary in over five weeks. Historically, such extremes preceded short-term rebounds, including the November 21 recovery. On-chain data shows mixed positioning: 6–12 month holders reduced exposure significantly, falling from 26.18% to 21.65%, while long-term ETF-driven demand continues to accumulate quietly in the background. Technical Analysis XRP’s attempt to break higher was initially successful, with price pushing through $2.05 on a 68% above-average volume surge at 03:00. The breakout produced a sharp rally to $2.07, but the move lacked follow-through. Diminishing volume into the retrace revealed fading momentum, and sellers quickly regained control. A persistent descending channel has now formed on the 60-minute chart, featuring successive lower highs and tightening price compression. This structure reflects an orderly trend-driven decline rather than a panic liquidation. Each bounce has been met with distribution, particularly near $2.04–$2.05 — a zone that now doubles as immediate resistance.Momentum oscillators trend downward across intraday timeframes, while the weekly TD Sequential indicator quietly flashes a potential reversal signal. This creates an environment of short-term weakness paired with early-stage long-term stabilization signals. Price Action Summary XRP traded within a $0.0563 range (2.8%), moving between $2.02 and $2.07 before closing near $2.032. The breakout to $2.07 was driven by a 44.99M volume spike (68% above SMA), but the rally… The post XRP Price News: appeared on BitcoinEthereumNews.com. Technical indicators across multiple timeframes point to structural weakness despite brief breakout attempts above $2.05 resistance during overnight trading. News Background XRP continues to face pressure as its weekly performance deteriorates to -7.4%, adding to the multi-session downtrend dominating early December. Despite persistent weakness in price, institutional demand remains strong via U.S. spot XRP ETFs, which have attracted $906 million in net inflows since launch — with no outflow days recorded. Meanwhile, social sentiment has collapsed to extreme fear readings matching October lows, with Santiment reporting the highest level of bearish commentary in over five weeks. Historically, such extremes preceded short-term rebounds, including the November 21 recovery. On-chain data shows mixed positioning: 6–12 month holders reduced exposure significantly, falling from 26.18% to 21.65%, while long-term ETF-driven demand continues to accumulate quietly in the background. Technical Analysis XRP’s attempt to break higher was initially successful, with price pushing through $2.05 on a 68% above-average volume surge at 03:00. The breakout produced a sharp rally to $2.07, but the move lacked follow-through. Diminishing volume into the retrace revealed fading momentum, and sellers quickly regained control. A persistent descending channel has now formed on the 60-minute chart, featuring successive lower highs and tightening price compression. This structure reflects an orderly trend-driven decline rather than a panic liquidation. Each bounce has been met with distribution, particularly near $2.04–$2.05 — a zone that now doubles as immediate resistance.Momentum oscillators trend downward across intraday timeframes, while the weekly TD Sequential indicator quietly flashes a potential reversal signal. This creates an environment of short-term weakness paired with early-stage long-term stabilization signals. Price Action Summary XRP traded within a $0.0563 range (2.8%), moving between $2.02 and $2.07 before closing near $2.032. The breakout to $2.07 was driven by a 44.99M volume spike (68% above SMA), but the rally…

XRP Price News:

2025/12/07 20:53

Technical indicators across multiple timeframes point to structural weakness despite brief breakout attempts above $2.05 resistance during overnight trading.

News Background

  • XRP continues to face pressure as its weekly performance deteriorates to -7.4%, adding to the multi-session downtrend dominating early December.
  • Despite persistent weakness in price, institutional demand remains strong via U.S. spot XRP ETFs, which have attracted $906 million in net inflows since launch — with no outflow days recorded.
  • Meanwhile, social sentiment has collapsed to extreme fear readings matching October lows, with Santiment reporting the highest level of bearish commentary in over five weeks.
  • Historically, such extremes preceded short-term rebounds, including the November 21 recovery.
  • On-chain data shows mixed positioning: 6–12 month holders reduced exposure significantly, falling from 26.18% to 21.65%, while long-term ETF-driven demand continues to accumulate quietly in the background.

Technical Analysis

  • XRP’s attempt to break higher was initially successful, with price pushing through $2.05 on a 68% above-average volume surge at 03:00. The breakout produced a sharp rally to $2.07, but the move lacked follow-through. Diminishing volume into the retrace revealed fading momentum, and sellers quickly regained control.
  • A persistent descending channel has now formed on the 60-minute chart, featuring successive lower highs and tightening price compression. This structure reflects an orderly trend-driven decline rather than a panic liquidation.
  • Each bounce has been met with distribution, particularly near $2.04–$2.05 — a zone that now doubles as immediate resistance.
    Momentum oscillators trend downward across intraday timeframes, while the weekly TD Sequential indicator quietly flashes a potential reversal signal.
  • This creates an environment of short-term weakness paired with early-stage long-term stabilization signals.

Price Action Summary

  • XRP traded within a $0.0563 range (2.8%), moving between $2.02 and $2.07 before closing near $2.032.
  • The breakout to $2.07 was driven by a 44.99M volume spike (68% above SMA), but the rally fully retraced as volume decayed.
  • The 60-minute structure shows XRP declining from $2.040 to a support test at $2.029, with 1.08M volume during the low — clear evidence of institutional distribution rather than opportunistic buying.
  • XRP now consolidates around $2.030, where holding this pivot becomes critical to avoid deeper testing of the $2.020–$2.025 zone.

What Traders Should Know

  • XRP’s short-term trajectory remains fragile as technical forces overpower otherwise supportive fundamentals like ETF inflows and long-term accumulation.
  • A reclaim of $2.035 is required to restore intraday momentum, while a clean break back above $2.05 would be needed to invalidate the descending channel.
  • If $2.030 gives way, traders should anticipate a retest of $2.020–$2.025, with psychological support at $2.00 serving as the final line before wider downside opens.
  • Sentiment is deeply negative, which historically has aligned with early reversal setups, but until a technical trigger emerges, the prevailing trend remains downward.

Source: https://www.coindesk.com/markets/2025/12/07/xrp-sentiment-hits-extreme-fear-as-td-sequential-flashes-early-reversal-signal

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70

XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70

The post XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70 appeared on BitcoinEthereumNews.com. Rongchai Wang Dec 09, 2025 11:04 XRP price prediction shows bullish momentum building at $2.06 current level. Ripple forecast targets $2.29 resistance break within one week for continuation to $2.70 upside target. XRP Price Prediction Summary • XRP short-term target (1 week): $2.29 (+11.2%) – breaking immediate resistance • Ripple medium-term forecast (1 month): $2.45-$2.70 range if bullish momentum sustains • Key level to break for bullish continuation: $2.29 (immediate resistance) • Critical support if bearish: $1.82 (strong support coinciding with immediate support) Recent Ripple Price Predictions from Analysts While no significant XRP price predictions emerged from major analysts in the past three days, the technical setup suggests market participants are positioning for a directional move. The absence of fresh analyst commentary often indicates a consolidation phase before breakout attempts, which aligns with current Ripple technical analysis showing neutral RSI conditions at 43.08. The lack of recent predictions creates an opportunity for contrarian positioning, as markets often move when consensus is absent. Current technical indicators suggest building momentum that could surprise both bulls and bears. XRP Technical Analysis: Setting Up for Breakout Attempt Ripple technical analysis reveals a compelling setup for an upward move. The MACD histogram showing 0.0023 positive reading indicates bullish momentum is building, even though the main MACD line remains negative at -0.0589. This divergence often precedes trend reversals. The current price of $2.06 sits strategically above the pivot point at $2.07, with XRP trading in the lower third of its Bollinger Bands at 0.3737 position. This positioning typically offers favorable risk-reward for long positions, as the distance to the upper band at $2.28 provides clear upside targets. Volume analysis shows healthy participation at $160.9 million on Binance, supporting the validity of current price action. The Average True Range…
Share
BitcoinEthereumNews2025/12/09 20:58
Altcoins Poised to Benefit from SEC’s New ETF Listing Standards

Altcoins Poised to Benefit from SEC’s New ETF Listing Standards

The post Altcoins Poised to Benefit from SEC’s New ETF Listing Standards appeared on BitcoinEthereumNews.com. On Wednesday, the US SEC (Securities and Exchange Commission) took a landmark step in crypto regulation, approving generic listing standards for spot crypto ETFs (exchange-traded funds). This new framework eliminates the case-by-case 19b-4 approval process, streamlining the path for multiple digital asset ETFs to enter the market in the coming weeks. Grayscale’s Multi-Crypto Milestone Sponsored Grayscale secured a first-mover advantage as its Digital Large Cap Fund (GDLC) received approval under the new listing standards. Products that will be traded under the ticker GDLC include Bitcoin, Ethereum, XRP, Solana, and Cardano. “Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi-crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano,” wrote Grayscale CEO Peter Mintzberg. The approval marks the US’s first diversified, multi-crypto ETP, signaling a shift toward broader portfolio products rather than single-asset ETFs. Bloomberg’s Eric Balchunas explained that around 12–15 cryptocurrencies now qualify for spot ETF consideration. However, this is contingent on the altcoins having established futures trading on Coinbase Derivatives for at least six months. Sponsored This includes well-known altcoins like Dogecoin (DOGE), Litecoin (LTC), and Chainlink (LINK), alongside the majors already included in Grayscale’s GDLC. Altcoins in the Spotlight Amid New Era of ETF Eligibility Several assets have already met the key condition, regulated futures trading on Coinbase. For example, Solana futures launched in February 2024, making the token eligible as of August 19. “The SEC approved generic ETF listing standards. Assets with a regulated futures contract trading for 6 months qualify for a spot ETF. Solana met this criterion on Aug 19, 6 months after SOL futures launched on Coinbase Derivatives,” SolanaFloor indicated. Sponsored Crypto investors and communities also identified which tokens stand to gain. Chainlink…
Share
BitcoinEthereumNews2025/09/18 13:46