Market Overview for XRP/Mexican Peso (2025-12-22)

Monday, Dec 22, 2025 9:53 am ET1min read
Aime RobotAime Summary

- XRP/MXN rose from 34.633 to 35.067 on 2025-12-22, closing at 34.71 with bullish engulfing patterns near key support/resistance levels.

- MACD turned positive during morning rally, while RSI stabilized above 60, confirming sustained buying momentum despite early divergences.

- Volume spiked at 34.362 and 35.067 swings, aligning with price consolidation near 34.71 Fibonacci base ahead of potential 34.847 target.

- Key 34.661 (50% Fib) and 34.71 (61.8% Fib) levels held firm, suggesting possible 34.847 push if bullish momentum continues past 24-hour window.

Summary
• Price opened at 34.633 and closed at 34.71, forming a bullish reversal pattern near 34.362.
• Momentum shows divergences in early morning, with a late rally confirming strength above 34.661.
• Volatility spiked during a 35.067 high but stabilized, with volume increasing notably at key swings.

XRP/Mexican Peso (XRPMXN) opened at 34.633, reached a high of 35.067, and a low of 34.362 before closing at 34.71 on December 22, 2025. Total volume for the 24-hour window was 946.0, with a notional turnover of 32,797.62.

Structure & Formations


Price encountered initial resistance at 34.633, with a bearish breakdown to 34.362 followed by a strong recovery. A bullish engulfing pattern formed from 34.362 to 34.573, suggesting buying pressure.
A key support level appears to be forming around 34.573, while 34.661 and 34.71 act as near-term resistances.

Moving Averages


On the 5-minute chart, the 20 and 50-period MAs converged and crossed upward after the early morning rally, reinforcing bullish momentum. Daily MAs show the price above all, with no major crossovers observed over the 24-hour period.

MACD & RSI


The MACD crossed above zero during the morning rally, confirming bullish momentum. RSI peaked around 60, suggesting moderate strength. There was a brief divergence early in the morning, but this was resolved with the price action.

Bollinger Bands


Volatility increased significantly around the 34.362 swing and the 35.067 high, with price briefly moving outside the upper band. Afterward, volatility contracted and price remained within the bands, indicating consolidation.

Volume & Turnover


Volume spiked at key swing points, particularly around 34.362 and 34.71, confirming directional moves. Notional turnover aligned with these price swings, with a large volume spike at 35.067 and 34.362. Divergences in the early morning were resolved with the afternoon rally.

Fibonacci Retracements


Fibonacci levels on the recent 34.362–35.067 swing show 34.661 at 50% and 34.71 at 61.8%, both of which were tested and held. Price appears to be forming a new base near 34.71, which could see a push toward the next Fibonacci level at 34.847.

Forward-Looking Observation
Price may test the 34.847 level in the coming 24 hours if bullish momentum continues. However, a pullback to 34.573 or 34.661 should be expected if the rally loses steam, with volume likely confirming the next directional move. Investors should watch for divergence in RSI and volume confirmation at key levels.