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XRP traders are closely monitoring the cryptocurrencyās current price action as it approaches a critical demand zone. According to market analyst ChartNerd, XRP is at a pivotal juncture. The assetās price is back at a key demand/liquidity zone, a level that has historically triggered strong bounces. This zone has been respected multiple times, and ChartNerd highlights that itās now make-or-break for the cryptocurrencyās short-term future.
If the demand zone holds and strong buying pressure returns, XRP could see a substantial move higher, potentially marking the start of a moonshot. However, ChartNerd warns that if demand fails to materialize at this level, a breakdown could follow, leading to a significant downside sweep. The outcome of this key test will likely dictate the next major price move for XRP.
$XRP is caressing its 13 month support base. The fine line between moonshot, or the sweep. Hold multi-month support, the launchpad looks ready. Lose support, then the "Lower Base Sweep" will come into effect within this Descending Broadening Wedge. See through the storm. pic.twitter.com/IQV969zERg
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ChartNerd
(@ChartNerdTA) December 17, 2025
Also Read: Crypto.com Enhances Fiat Payment System with DBS Bank in Singapore
ChartNerdās analysis also brings attention to the technical pattern currently shaping XRPās price structure. The descending broadening wedge is a critical factor to watch, as it suggests volatility and heightened market uncertainty. If the price holds the key support level at this demand zone, the pattern could turn into a bullish breakout, sending XRP higher.
$XRP Daily Timeframe Breakdown:
Price is back at a key demand / liquidity zone that previously sparked strong bounces. This level has been respected multiple times. Critical area here ā either another reaction bounce or a breakdown if demand fails to meet expectations.#HODL pic.twitter.com/bZIfODbBlZ
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On the flip side, if XRP fails to hold support, the descending broadening wedge pattern could lead to further declines, triggering what ChartNerd refers to as the āLower Base Sweep.ā This scenario would likely see XRPās price fall significantly, revisiting lower price levels and potentially erasing recent gains.
As ChartNerd emphasizes, XRP is testing a multi-month support level that has been pivotal for its price action in the past. If the support level holds, traders may expect a bullish continuation, pushing XRP higher. However, if the price breaks through this level, it would signal a bearish shift, with further declines likely to follow.
This crucial moment marks a key decision point for XRPās future. The next few days will determine whether XRP can mount a successful rebound from this demand zone or whether it will experience a significant sweep to the downside. As ChartNerdās analysis suggests, the market is in a precarious positionāXRPās fate now hinges on the strength of this key support level.
Also Read: Binance Shifts Focus on U.S. Expansion Following Trumpās Pardon for Changpeng Zhao
The post ChartNerd Says XRP Between Moonshot or Major Sweep ā Hereās What Could Happen Next appeared first on 36Crypto.
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