XRP, one of the leading cryptocurrencies by market cap, is once again under intense scrutiny. After repeated attempts to break above the key resistance, the market shows signs of a potential sharp downturn. Traders and investors are closely watching technical signals that suggest XRP may be facing significant selling pressure in the near term.
According to Steph Is Crypto, a respected crypto analyst on X, XRP’s daily chart now shows a bearish rising wedge pattern. Steph’s post comes just hours after he had issued a bullish outlook for the asset, illustrating how quickly market conditions can shift.
This wedge pattern, combined with repeated failures to surpass $1.95, signals a weakening uptrend, suggesting that XRP could slide toward lower support levels near $1.50.
🚨 WARNING: $XRP ABOUT TO CRASH HARD! pic.twitter.com/3hQbMhgG9U
— STEPH IS CRYPTO (@Steph_iscrypto) December 22, 2025
The Bearish Rising Wedge
Rising wedge patterns are generally seen as bearish reversal signals, especially after an uptrend. In XRP’s case, the repeated rejection at the $1.93–$1.95 zone indicates diminishing upward momentum.
The wedge’s upper boundary acts as a supply zone where sellers dominate, preventing further gains. Technical indicators, including key exponential moving averages (EMAs), align bearishly, reinforcing the likelihood of a downside move. Traders often interpret such setups as precursors to accelerated selling if support levels fail.
Key Support Levels and Downside Targets
If the bearish scenario unfolds, analysts expect XRP to first test the $1.70–$1.80 range, with potential further declines toward $1.50, historically a major reference point during corrective phases.
A decisive breakdown below the wedge’s lower trendline could trigger stop-loss cascades and amplify downward pressure, particularly in thin market conditions. These support levels serve as critical zones for traders planning entries or exits.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Contrasting Technical Signals
While Steph highlights the bearish pattern, other indicators suggest caution. Some momentum indicators, like the Relative Strength Index (RSI), show higher lows despite price weakness, hinting that selling pressure may be easing.
Tight consolidation ranges also indicate the market is at a potential inflection point, leaving room for volatility in either direction. This combination of bullish and bearish signals contributes to polarized views among traders.
Implications for Traders
Steph’s warning underscores the importance of risk management. Traders should monitor the wedge’s lower trendline and key support zones closely. A confirmed breakdown could accelerate the decline, while a strong breakout above $1.95 would invalidate the bearish pattern and potentially restore bullish sentiment.
In fast-moving crypto markets, technical patterns and market structure often influence decisions more than price alone.
XRP investors must remain vigilant, balancing potential risks with the market’s unpredictable volatility. Steph’s analysis serves as a reminder that even widely followed cryptocurrencies can face sudden technical reversals, demanding disciplined trading strategies.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
