{"id":18841,"date":"2025-12-29T17:35:07","date_gmt":"2025-12-29T17:35:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-shows-bottoming-signs-as-bullish-chart-patterns-emerge\/"},"modified":"2025-12-29T17:35:12","modified_gmt":"2025-12-29T17:35:12","slug":"xrp-price-shows-bottoming-signs-as-bullish-chart-patterns-emerge","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-shows-bottoming-signs-as-bullish-chart-patterns-emerge\/","title":{"rendered":"XRP price shows bottoming signs as bullish chart patterns emerge"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price was flat on Monday as crypto investors awaited the next catalyst and as some notable bullish patterns began to emerge.<\/p>\n<div id=\"cn-block-summary-block_69670b2fda6649886193ce6be2505a67\" 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 formed a triple bottom pattern on the daily chart.\u00a0<\/li>\n<li>It has also formed an inverse head-and-shoulders pattern.<\/li>\n<li>These patterns point to an eventual rebound in the near term.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) token was trading at $1.8700 today, Dec. 29, down by nearly 50% from its highest point this year.<\/p>\n<p>XRP\u2019s price action mirrors that of other top coins. For example, Bitcoin (BTC) continues to reject the $90,000 resistance zone, whereas Ethereum remains below the $3,000 support level.<\/p>\n<p>The crypto market is experiencing low volume in the futures and spot markets, as many traders are still on holiday. CoinMarketCap data show that the 24-hour volume stood at $104 billion, while XRP\u2019s was at $2 billion.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>XRP\u2019s futures open interest has dropped to $3.48 billion from the year-to-date high of over $10 billion. A decline in open interest is a sign of low market demand and liquidity.\u00a0<\/p>\n<p>XRP has had some important catalysts this year. For example, the SEC has approved several XRP ETFs, which have accumulated over $1.2 billion in inflows. Similarly, the Ripple USD stablecoin has continued adding assets and now has over $1.4 billion in circulation.<\/p>\n<p>Ripple Labs has made four major acquisitions this year: GTreasury, Hidden Road, Rail, and Palisade. These buyouts will likely leverage the XRP Ledger, RLUSD stablecoin, and the new banking charter.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the Ripple price is slowly showing bottoming signs. It has formed a triple bottom at $1.76, a level it has failed to move below three times since October this year. A triple bottom is one of the most common bullish reversal patterns.<\/p>\n<p>The token has also formed an inverse head-and-shoulders pattern, while the MACD indicator indicates bullish divergence.\u00a0<\/p>\n<p>Therefore, the most likely XRP price prediction is neutral with a bullish bias. A move above the 50-weighted moving average and the neckline of the inverse head-and-shoulders pattern will confirm the bullish breakout.\u00a0<\/p>\n<p>A rebound may push the token to the next psychological level at $2.50, approximately 35% above the current level. Conversely, a drop below the triple-bottom level at $1.7636 will invalidate the bullish outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price was flat on Monday as crypto investors awaited the next catalyst and as some notable bullish patterns began to emerge. Summary XRP price has formed a triple bottom&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18841","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\/18841","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=18841"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18841\/revisions"}],"predecessor-version":[{"id":18842,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18841\/revisions\/18842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12587"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}