2025-12-19 15:20:22

Watching XRP repeatedly struggle around $1.84, it has been firmly held below the key moving averages for 70 consecutive days, and the market sentiment is increasingly torn.

On one side are the veteran traders like Peter Brant, the "bears," who are shaking their heads at the double-top pattern on the candlestick chart—if the support can't hold, XRP is likely to free fall to $1. On the other side, the "bulls" represented by analyst Steph pull out historical data to counter: in the past three similar technical breakouts, they all triggered epic rebounds starting at 70%, with the highest reaching 850%.

In such a standoff, ordinary investors are often confused by the conflicting bullish and bearish signals. But those who truly understand the market know—whether XRP ultimately breaks upward or downward, you must leave a backup plan for your principal.

When you're chasing the 850% dream of XRP, this backup plan silently guards your capital. When the market suddenly crashes by 50%, this backup provides you with valuable liquidity to buy the dip. That’s why more and more investors are starting to allocate to stable assets like decentralized USD—assets that don’t participate in the market rollercoaster but can play a role when you need it most.

XRP1.02%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

MevHunter

· 12-19 15:49

70 days and still struggling, how painful that must be --- Breaking the double top is indeed dangerous, but the story of 850% is not just a rumor --- To put it simply, it's the gambler's mentality—either dreaming or going bankrupt --- I've been managing stablecoin allocations for a long time to avoid being caught off guard when trapped --- We don't know who is right, Peter or Steph, so it's better to keep some ammunition for peace of mind --- I really want to see if I can catch the $1 level, but the premise is to survive until that day --- Historical data looks good, but maybe this time is an exception, who can say for sure --- Watching K-line charts every day is not as good as holding some USDT and sleeping peacefully --- 850% is a pie in the sky; a 50% crash is the real pie in the sky --- Both bulls and bears are bragging; I only listen to my own risk management

View OriginalReply0

ChainDoctor

· 12-19 15:45

It's been 70 days of struggling here, really ridiculous. Brant and Steph are arguing, ordinary people are just waiting to be cut. That's right, you need to leave yourself a backup plan, otherwise if you bet correctly and have no life to spend, if you bet wrong, you just lie flat. I've heard too many stories of 850%, but the reality of account zeroing out is even more common. Stablecoin allocation definitely needs to be taken seriously. In this XRP market, both bulls and bears can tell stories, it all depends on who has the longer life. The 70-day downward pressure of the moving average, is it testing psychological resilience or account balance? Instead of worrying about whether the double top will break or not, think about whether you can buy when it drops to 1 dollar. History repeats, but your wallet can't withstand so many cycles.

View OriginalReply0

MidnightTrader

· 12-19 15:37

70 days and still struggling, how painful must that be

View OriginalReply0

BlockchainBouncer

· 12-19 15:33

It's been 70 days struggling at 1.84, this market is so uninteresting.

View OriginalReply0

RektHunter

· 12-19 15:25

70 days of being suppressed? Bro, this is called building momentum. Either a sharp rise or a sharp fall. Anyway, I've already prepared my stablecoins.

View OriginalReply0