Overview
- XRP traded around $2.06–$2.15 on Dec. 5 after multiple retests of the $2.00 area, preserving a fragile support cluster.
- CryptoInsight warns of a potential drop below $2 unless price breaks a descending setup and clears $2.30, while maintaining a longer-term bullish view.
- CasiTrades expects a retest near $2.04 and outlines two paths: a bounce that clears $2.41 toward roughly $2.65 or a slide toward $1.64 if support fails.
- Steph iscrypto flags a 4-hour double bottom near $1.80 that needs a high-volume move above $2.22 to validate, with a measured objective around $2.70–$3.10.
- Flow and momentum gauges show caution, with about $1.5 million in net outflows on Dec. 5, futures open interest down 4.37%, and repeated rejections at the 21-day SMA since late November.