XRP News Today: XRP at Crossroads: Bearish Patterns vs. ETF-Driven Bullish Hopes

XRP's price trajectory has sparked intense debate among analysts, with bearish technical indicators clashing against emerging bullish signals and institutional optimism. The cryptocurrency, currently trading at $1.96, faces a critical juncture as a confirmed descending triangle breakdown and bearish RSI divergence threaten a 25% drop to $1.55, according to Cointelegraph. Meanwhile, a prominent technical analyst, ChartNerd, argues that the pattern has already met its target and a potential reversal could be on the horizon. Complicating the outlook, the recent launch of the Bitwise XRP ETF has injected fresh liquidity into the market, though its long-term impact remains uncertain.

The bearish case hinges on a descending triangle pattern that formed after XRP broke below the $2.20 support level on Nov. 19, 2025. This chart pattern, characterized by a flat support line and a descending resistance, typically signals a sharp decline once the support is breached. Cointelegraph noted that the triangle's measured move targets $1.55, a 45% drop from XRP's recent $3 peak in October. Adding to the pessimism, a bearish divergence between XRP's price and its weekly RSI suggests weakening momentum, as the RSI declined from 92 to 68 during a period of rising price highs.

The death cross—a bearish signal further exacerbated selling pressure, with XRP trading 11% lower than its value a week ago. TradingView analysts warned that the $2.20–$2.30 support zone, where 3.23 billion XRP were accumulated, now acts as a formidable barrier to recovery. "The market isn't a pharmacy," one analyst cautioned, noting that crypto's volatility often defies textbook technical signals.

However, ChartNerd offered a contrasting view, asserting that the descending triangle breakdown has already achieved its target and a bullish divergence is forming on the daily timeframe. This divergence, where price lows are outpacing RSI lows, could indicate a potential exhaustion of the downtrend. ChartNerd emphasized that no key structural levels have been breached, calling bearish headlines "misleading". The analyst also highlighted growing institutional interest, citing the Bitwise XRP ETF's $25.7 million in trading volume and $107.6 million in assets under management on its debut.

Institutional adoption appears to be a double-edged sword. While the Bitwise ETF's low 0.34% fee attracted immediate demand, rival products from Rex Osprey and Canary Capital have also drawn strong inflows, signaling a broader appetite for regulated XRP exposure. Upcoming launches by Franklin Templeton, CoinShares, and Grayscale could further amplify liquidity, though their impact on price remains untested.

The path forward for XRP remains fraught with uncertainty. ChartNerd's focus on consolidating gains and testing previous resistance levels contrasts with bearish forecasts of a $1.25 price floor. With 41.5% of XRP's supply currently at a loss, per Glassnode data, the risk of forced selling looms large. Yet, the ETF-driven institutional influx may yet provide a lifeline, particularly if inflows accelerate in the coming months.