XRP Price Falls 4% as Brandt Warns of Double Top Downside Risk

The price of

The drop comes as veteran trader Peter Brandt warns of a potentially bearish technical setup for XRP.

In an article on X, Brandt told traders that the asset could form a double top pattern on the weekly chart.

I know in advance that all you Riplosts $XRP This will forever remind me of this message — ask me if I care
This is a potential double top. Of course, this may fail, and I’ll take care of it if it does.
But for now, this has bearish implications
Like it or not, you have to face it pic.twitter.com/yPGjzuqNN3

– Peter Brandt (@PeterLBrandt) December 17, 2025

A double top, if confirmed, often signals a possible downtrend reversal and puts downward pressure on an asset.

Brandt added that while this trend may fail, it currently carries bearish implications.

“This is a potential double top,” he said. “Of course, it could fail, and I’ll deal with it if it does. But for now, it has bearish implications. Like it or not, you have to deal with it.”

The Ripple token is down 26.5% year-to-date and 14% over the past month, reflecting the crisis in the broader crypto market.

Will the price of XRP continue to fall?

XRP Price Analysis: Bears Take Control as Price Approaches Key Support

THE XRP Pricelast June, used the 0.786 Fibonacci level to break through a parabolic curve, reaching an all-time high around $3.66 in July.

However, the Ripple token bulls were unable to maintain this level as sellers started taking profits, pushing the price down in a descending channel pattern and regaining possession of previous support areas, which now act as resistance areas on the Fibonacci retracement chart.

The XRP bears appear to be in complete control as the price is now approaching long-term support around the 200-day simple moving average (SMA) at $1.82, which if breached could cause the asset to fall even further.

The short-term indicator also shows that XRP price could be in a bearish trend as the 50-day SMA remains above $2.63.

Meanwhile, the Relative Strength Index also turned negative, falling to 32, a sign that sellers are still in control.

Additionally, the Moving Average Convergence Divergence (MACD) on the 3-day chart shows that the Ripple token price has lost momentum as the orange signal line has moved above the blue MACD line.

Ripple Token Price Risks Drop to $1.63

According to the XRP/USD chart analysis, the Ripple token may continue to decline as major indicators have turned negative.

The first key support lies at the 200-day SMA at $1.82. If the bears break through this key support, the next support area lies at the 1 Fib level at $1.6382, which also acts as a cushion against further downward pressure.

Conversely, the 200-day SMA could be a strong support zone. If bulls hold this support, XRP could cause a trend reversal, targeting the 0.618 and 0.5 Fib zones at $2.41 and $2.65, respectively.

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