XRP Value Slides 4% As Brandt Warns Of Bearish Double High Threat

Be a part of Our Telegram channel to remain updated on breaking information protection

The XRP worth slid 4% over the previous 24 hours to commerce at $1.83 as of two:42 a.m. EST on buying and selling quantity that surged 37% to $3.8 billion.

The drop comes as veteran dealer Peter Brandt warns of a possible bearish technical setup for XRP.

In a put up on X, Brandt advised merchants that the asset could also be forming a double-top sample on the weekly chart.

I do know upfront that every one you Riplosts $XRP will eternally remind me of this put up — ask me if I care
It is a potential double prime. Positive, it might fail, and I’ll take care of this if it does
However for now this has bearish implications
Like it or not — it is advisable take care of it pic.twitter.com/yPGjzuqNN3
— Peter Brandt (@PeterLBrandt) December 17, 2025

A double prime, if confirmed, typically indicators a doable bearish development reversal and exerts bearish strain on an asset.

Brandt added that whereas the sample might fail, it presently carries bearish implications.

“It is a potential double prime,” he mentioned. “Positive, it might fail, and I’ll deal with it if it does. However for now, this has bearish implications. Like it or not, it is advisable take care of it.”

The Ripple token is down 26.5% year-to-date and 14% during the last month, mirroring the broader crypto market’s hunch.

Will the XRP worth proceed to fall?

XRP Value Evaluation: Bears Take Management As Value Nears Key Assist

The XRP worth, again in June, used the 0.786 Fibonacci stage to surge by way of a parabolic curve, reaching an all-time excessive round $3.66 in July.

Nevertheless, the Ripple token bulls couldn’t maintain this stage, as sellers began reserving earnings, pushing the value down inside a falling channel sample and repossessing the earlier assist areas, which now act as resistance zones on the Fibonacci Retracement chart.

XRP bears appear to be in complete management, as the value is now nearing the long-term assist across the 200-day Easy Transferring Common (SMA) at $1.82, which, if breached, might consequence within the asset falling even additional.

The short-term indicator additionally reveals that the value of XRP might be in a bearish development, because the 50-day SMA stays above $2.63.

In the meantime, the Relative Power Index has additionally flipped unfavourable, dropping to 32, a sign that sellers are nonetheless in management.

Furthermore, the Transferring Common Convergence Divergence (MACD) on the 3-day chart reveals that the value of the Ripple token has misplaced momentum, because the orange sign line has crossed above the blue MACD line.

XRP Price Chart Analysis Source: TradingView — XRP/USD Chart Evaluation Supply: TradingView

Ripple Token Value Dangers Drop To $1.63

In accordance with the XRP/USD chart evaluation, the Ripple token might proceed to drop, as main indicators have flipped unfavourable.

The primary key assist lies on the 200-day SMA at $1.82. If bears break beneath this key assist, the subsequent assist space is on the 1 Fib stage at $1.6382, which additionally acts as a cushion towards additional downward strain.

Conversely, the 200-day SMA might act as a powerful assist space. If bulls maintain this assist, XRP might stage a development reversal, concentrating on the 0.618 and 0.5 Fib zones at $2.41 and $2.65, respectively.