XRP Price Reversal Nears 69% Upside in December Rally
Crypto market faces renewed sell-off as Bitcoin tumbles to $80,600 and XRP slips below $2, dropping to $1.85. Glassnode data records average realised XRP losses of $75 million per day since the breach of the $2 threshold. Despite this bearish environment, historical seasonality is encouraging. CryptoRank’s 11-year analysis shows an average XRP price reversal of 69.6% in December. This XRP price reversal pattern delivered consistent year-end gains in 2014, 2017, 2023 and 2024. Traders brace for heightened volatility but eye potential buying opportunities based on December’s strong upside potential.
Bullish
The sharp drop below $2 underscores near-term bearish pressure on XRP and broader market volatility. However, the highlighted historical pattern—a 69.6% average XRP price reversal in December—points to a strong year-end recovery tendency. Past rallies in 2014, 2017, 2023 and 2024 demonstrate consistent seasonality. Traders may use current lows as buying opportunities ahead of the expected December upswing. While short-term trading remains cautious amid FUD and realised losses, the seasonal catalyst supports a bullish outlook for XRP. Overall, this news is bullish due to the compelling historical precedent for a significant year-end rebound.