XRP Flip? Bearish to Bullish Pattern Signals December Rally
XRP is gaining attention due to a possible breakout pattern. The cryptocurrency is trading at around $2.50, showing a 2% daily and 9% weekly increase. Analysts highlight an ascending triangle forming after a recent descending triangle pushed the price to $2.00–$2.20. A breakout above $2.70 could indicate continuation, but failure to hold may drop it back to the $2.00–$2.20 range. Additional signs of recovery include dominance gains and a breakout above technical indicators. The recent launch of a spot XRP ETF on the Nasdaq has generated market interest, with institutional demand potentially rising despite large holders selling into the rally.
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XRP Gains Momentum and Patterns Indicate Potential Breakout
XRP is gaining attention after showing signs of a pattern change on the charts. The asset is around $2.50 at press time, up 2% over the last 24 hours and 9% in the past week. With a breakout attempt underway, some market analysts are monitoring whether this shift continues into December.
Descending and Ascending Triangles Indicate Key Trends
Analyst ChartNerd posted a chart showing XRP completing a descending triangle, which broke below $2.70 in late October. This breakdown pushed the price into the $2.00–$2.20 area. Since then, XRP has begun forming an ascending triangle, showing rising lows and resistance around the $2.70 level.
At the current price, Ripple’s token is trading near the upper range of this new structure. “This path could last until December, if so,” the analyst said, pointing to the continuation of the trend if the pattern holds.
As previously reported, XRP formed a cup-and-handle pattern between January and July 2025, suggesting earlier that a move toward $5 by year-end was possible. However, failure to hold the ascending support could bring the price back to $2.00–$2.20, where it previously found buyers.
Price and Dominance Trends: Key Support Levels
Analyst Ali Martinez shared a separate 4-hour chart showing XRP trading within a descending channel, defined by lower highs and lower lows. The lower boundary sits near $2.00, which Martinez highlighted as a potential support level.
“XRP could find support at $2,” the post stated. If the asset slips below $2.30, further movement toward $2.00 may follow. This level has been a reliable bounce point in recent weeks.
XRP Dominance Shows Signs of Recovery
According to CRYPTOWZRD, XRP Dominance is showing early signs of recovery. The chart indicates a breakout above both a trendline and the 50-day simple moving average, which were the same indicators during a prior rally earlier this year.
At present, XRP dominance is around 4%. Although a breakout has occurred, the analyst cautioned, “bulls have work to do,” emphasizing the need to hold the move. A drop below breakout levels could signal that the reversal hasn’t fully developed yet.
XRP ETF Launch Captures Market Interest
As reported by CryptoPotato, the first spot XRP ETF (with 100% exposure to the asset) in the U.S. began trading on the Nasdaq Global Market on November 13, 2025. The final approval process has been cleared, and trading is expected to open with strong market interest.
While this event could bring new institutional demand, reports suggest that large holders have been selling into the rally. This short-term pressure may affect the market as new inflows compete with the existing supply.