XRP December Technical Analysis: Bollinger Band Support Amid Selling Pressure

2025-12-24 15:20:12

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【Crypto World】XRP market looks like it will have some fluctuations in December. Based on technical performance, it is highly likely to experience a wave of correction this month, with a projected decline of about 13.44%. However, the key point is that the price is currently holding steady above the middle band of the monthly Bollinger Bands (around $1.82), without being broken through.

What does this indicate? While the market is digesting selling pressure, it is still maintaining a relatively intact structure. From a long-term perspective, this resilience is quite interesting.

Looking ahead, if XRP can stay above the middle band until the end of the month without breaking below, there is a more attractive target above — near the upper band of the Bollinger Bands, approximately $3.60. Of course, this is not guaranteed; technical analysis always involves uncertainties.

Conversely, if the closing price drops below the middle band, those bullish expectations mentioned earlier will need to be reassessed. So, the key point to watch is this middle band line.

XRP-0.85%

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NFTArchaeologis

· 6h ago

The middle band of the Bollinger Bands is like the glaze on ancient ceramics — only when it stabilizes does the entire piece have the potential to appreciate in value. From 1.82 to 3.60, the extent depends on whether the market has the patience to wait with it.

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ContractSurrender

· 7h ago

Holding the middle band of the Bollinger Bands is true resilience.

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POAPlectionist