XRP Price Slides 4% As Brandt Warns Of Bearish Double Top Risk

The XRP value 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 publish on X, Brandt advised merchants that the asset could also be forming a double-top sample on the weekly chart.

I do know prematurely that every one you Riplosts $XRP will without end remind me of this publish — ask me if I careThis is a possible double high. Positive, it could fail, and I’ll cope with this if it doesBut for now this has bearish implicationsLove it or not — you want to cope with it pic.twitter.com/yPGjzuqNN3

— Peter Brandt (@PeterLBrandt) December 17, 2025

A double high, if confirmed, typically indicators a potential 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 high,” he stated. “Positive, it could fail, and I’ll deal with it if it does. However for now, this has bearish implications. Find it irresistible or not, you want to cope with 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 value proceed to fall?

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

The XRP value, again in June, used the 0.786 Fibonacci degree to surge via a parabolic curve, reaching an all-time excessive round $3.66 in July.

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

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

The short-term indicator additionally reveals that the worth 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 adverse, dropping to 32, a sign that sellers are nonetheless in management.

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

Ripple Token Worth Dangers Drop To $1.63

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

The primary key help lies on the 200-day SMA at $1.82. If bears break under this key help, the subsequent help space is on the 1 Fib degree at $1.6382, which additionally acts as a cushion in opposition to additional downward strain.

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

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