XRP Primed for Transformational Shift This Week as Key Support Nears
The XRP cryptocurrency is on the cusp of a potentially significant price movement this week, with technical analysis suggesting a pivotal turning point is imminent. Despite an extended period of downward pressure, market indicators and expert predictions point to a dramatic reversal that could redefine XRP's short-term trajectory and set the stage for a robust year-end rally.
Technical Analysis Signals Bottoming Out
Crypto market analyst CasiTrades highlights that XRP's current price action is trading within a well-defined descending structure, characterized by lower highs and specific Fibonacci values. Her recent analysis confirmed a "pink scenario" downside after XRP failed to reclaim the $2.0 level as support last weekend. Currently hovering around $1.91 following a slight recovery from an unexpected dip below $2, the market appears firmly entrenched in a corrective subwave 3. This phase is marked by momentum and the Relative Strength Index (RSI) pushing to new extremes, often preceding a significant uptrend reversal. Investors are advised to watch the $1.73 mark for potential short-term relief, but the more critical macro support aligns at $1.64, corresponding to the crucial 0.618 Fibonacci level.
Anticipated Rebound and Lofty Price Targets
CasiTrades predicts that the XRP price could see a further decline this week, potentially dropping from $1.91 to the critical $1.64 level, which she identifies as the most likely final low of the current corrective phase. Interestingly, this move could occur without a prior bounce off $1.73, with the $1.64 support expected to hold on the first touch. Crucially, the analyst anticipates a sharp rebound from this $1.64 support, which could propel XRP into an explosive rally, potentially breaching the $2.41-$3.00 range. This powerful reversal is projected to materialize by Friday, December 19, 2025, aligning with the festive season and promising an exciting close to the year for XRP holders. This price movement is also linked to broader market sentiment, with Bitcoin's potential dip to $79,000 influencing altcoin trajectories.