XRP Price Under Pressure: What to Know about the Latest Decline
The cryptocurrency market has been facing bearish sentiment as major altcoins, including Ripple’s XRP, record significant losses. On December 18, 2025, XRP dipped to lows of $1.81, a 5% drop in just 24 hours. The broader market weakness, combined with elevated trading volumes, signals a potential downside trend for this popular cryptocurrency.
Market Factors Driving Bearish Sentiment
As Bitcoin hovered below $90,000, altcoins like XRP saw extended declines due to macroeconomic uncertainty and overall risk aversion in traditional and digital asset markets. Sellers rejected XRP advances at $1.98, flipping the $2.00 level from support to resistance. Elevated trade volumes further emphasize active distribution, which could indicate ongoing selling pressure rather than isolated panic selling.
Key Technical Indicators for XRP
Technical analysis paints a bearish narrative for XRP. The cryptocurrency’s 50-day exponential moving average slopes downward, and RSI readings confirm waning momentum. Furthermore, derivatives markets have witnessed increased liquidations of long positions, accelerating the downward trend. Notably, Peter Brandt, a veteran trader, identified a potential “double-top” reversal pattern in XRP’s charts. This bearish setup suggests that XRP’s price momentum may continue to weaken unless key resistance levels are breached.
Support Levels to Watch and Possible Rebound
If XRP falls below its current $1.80 support level, bears could target $1.70, with a potential drop to $1.50. However, some factors could help XRP recover. For example, XRP Exchange-Traded Funds (ETFs) have maintained inflows, with $9.84 million in investments on December 17. A sentiment flip could occur if XRP manages to reclaim $2.00, opening doors for a rally to $2.30 and even $3.00.
Looking Ahead: Challenges and Opportunities
While bearish technical metrics dominate the short-term outlook, Ripple’s long-term ecosystem developments, including stablecoin integration and institutional partnerships, continue to provide underlying optimism. As a popular asset in the cryptocurrency sphere, XRP’s adoption and utility factor could drive its next rally, especially if the market sentiment shifts positively.
Must-Have for Crypto Investors
If you’re a cryptocurrency enthusiast looking to protect your investments, consider storing your XRP and other assets in a secure wallet like the Ledger Nano X. This premium hardware wallet offers state-of-the-art security features, ensuring your funds stay safe from cyber threats.
