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 informed 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 perpetually remind me of this publish — ask me if I careThis is a possible double high. Positive, it might fail, and I’ll cope with this if it doesBut for now this has bearish implicationsLove it or not — it’s essential cope with it pic.twitter.com/yPGjzuqNN3

— Peter Brandt (@PeterLBrandt) December 17, 2025

A double high, if confirmed, usually alerts a attainable bearish development reversal and exerts bearish stress on an asset.

Brandt added that whereas the sample may fail, it at present carries bearish implications.

“It is a potential double high,” 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’s essential cope with it.”

The Ripple token is down 26.5% year-to-date and 14% over the past 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 by means of 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 earnings, pushing the worth 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 worth is now nearing the long-term assist across the 200-day Easy Shifting Common (SMA) at $1.82, which, if breached, may outcome within the asset falling even additional.

The short-term indicator additionally exhibits that the worth of XRP could possibly be in a bearish development, because the 50-day SMA stays above $2.63.

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

Furthermore, the Shifting Common Convergence Divergence (MACD) on the 3-day chart exhibits 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

Based on the XRP/USD chart evaluation, the Ripple token may proceed to drop, as main indicators have flipped detrimental.

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

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

Associated Information: