{"id":18698,"date":"2025-12-26T10:00:52","date_gmt":"2025-12-26T10:00:52","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-targets-27-rebound-as-bullish-wedge-forms-and-whales-buy-in\/"},"modified":"2025-12-26T10:00:58","modified_gmt":"2025-12-26T10:00:58","slug":"xrp-price-targets-27-rebound-as-bullish-wedge-forms-and-whales-buy-in","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-targets-27-rebound-as-bullish-wedge-forms-and-whales-buy-in\/","title":{"rendered":"XRP price targets 27% rebound as bullish wedge forms and whales buy in"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price has formed a bullish reversal pattern as whales continued buying the token.<\/p>\n<div id=\"cn-block-summary-block_aab455e45ca3860085e425ada06ada84\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price has fallen 15% so far in December.<\/li>\n<li>Positive performance of XRP ETFs and renewed whale buying could improve market sentiment for the token.<\/li>\n<li>A descending wedge pattern has formed on the 24-hour chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, XRP (XRP) price has dropped by nearly 15% so far in December. Trading at $1.88 at press time, the losses extend to 47% from its yearly high on zooming out charts.<\/p>\n<p>The fifth-largest crypto asset\u2019s market cap dropped from its yearly high of $210.4 billion to $113.8 billion, while daily trading also slumped from $13.2 billion in July to just $1.8 billion at last check on Friday, Dec. 26, Asian time.<\/p>\n<p>Despite its downtrend, several catalysts backing the project could potentially support a turnaround over the coming weeks.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Notably, whales have shown renewed interest in the token and have started accumulating it over the past week. Data from Santiment shows that the number of whales holding between 10,000 and 1 billion tokens has risen since Dec. 22. Such whale buying, if sustained, can improve investor sentiment and hence drive the token\u2019s price higher in the short term.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.santiment.net\/charts\/z7WJ-C1q__sCl\" target=\"_blank\" rel=\"nofollow\">Santiment<\/a><\/figcaption><\/figure>\n<p>Another catalyst is that American investors have been continuously accumulating the token. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-xrp-spot\" target=\"_blank\" rel=\"nofollow\">Data<\/a> from SoSoValue shows that they have bought XRP ETFs worth $64 million this week, bringing the cumulative inflows to $1.14 billion. At press time, the funds held over $1.25 billion in assets, and together they have not seen a single net outflow day since their approval in November.<\/p>\n<h1 class=\"wp-block-heading\">XRP price analysis<\/h1>\n<p>On the daily chart, XRP price has formed a descending wedge pattern as it entered a downtrend, marked by a series of lower lows and lower highs. Typically, such patterns have formed when downtrends come to an end. If the current demand persists, it could support an upside rally.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"878\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/12\/1766743252_530_XRP-price-targets-27-rebound-as-bullish-wedge-forms-and.webp.webp\" alt=\"XRP price has formed a descending wedge pattern on the daily chart.\" class=\"wp-image-14442046\"><figcaption class=\"wp-element-caption\">XRP price has formed a descending wedge pattern on the daily chart \u2014 Dec. 26 | Source: crypto.news<\/figcaption><\/figure>\n<p>At press time, XRP price was also testing a breakout from the support and resistance levels at $1.90.\u00a0<\/p>\n<p>A breakout from the level would also confirm the wedge pattern and could trigger a rally to the $2.58\u2013$2.65 zone, which has been acting as a key resistance zone throughout this year. Based on current prices, the zone lies roughly 27% above.<\/p>\n<p>Momentum indicators also show the shift underway, with the Aroon Down showing a drop in selling pressure, while the RSI stood near oversold levels and suggested a potential rebound could be underway.<\/p>\n<p>Momentum indicators are also beginning to shift in favor of the bulls. Selling pressure is clearly drying up now that the Aroon Down has dropped to 50%, and with the RSI sitting right near oversold territory, it looks like a trend reversal could already be in motion.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price has formed a bullish reversal pattern as whales continued buying the token. Summary XRP price has fallen 15% so far in December. Positive performance of XRP ETFs and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18698"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18698\/revisions"}],"predecessor-version":[{"id":18699,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18698\/revisions\/18699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11540"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}