The International Monetary Fund (IMF) warned that rising stablecoin adoption could weaken central banks’ control over monetary policy and threaten nations’ financial  sovereignty. While stablecoin [...]The International Monetary Fund (IMF) warned that rising stablecoin adoption could weaken central banks’ control over monetary policy and threaten nations’ financial  sovereignty. While stablecoin [...]

XRP Price Plunges 3.5% As Santiment Says Soaring FUD May Spark A Rally

2025/12/05 18:45

The XRP price plunged 3.5% over the past 24 hours to trade at $2.09 as of 2:34 a.m. EST on trading volume that plunged 4% to $3.2 billion.

This comes as social media intelligence platform Santiment says that social sentiment data shows that XRP is experiencing “the most fear, uncertainty, and doubt (FUD) since October.”

XRP is the worst performing top 10 crypto in the last 24 hours and is now down 42% from its July 2025 all-time high (ATH) of $3.65.

Despite a 7% drop in the past month, XRP is showing signs of a recovery after surging 9% in the last 2 weeks. Can the Ripple token head higher?

XRP Price Poised For A Sustained Recovery

The XRP price saw a strong rally in July, surging to the upper region of the Fibonacci extension zone before losing bullish momentum near the $3.14–$3.66 resistance zone. This rejection marked the beginning of a downtrend as bears stepped in to secure profits.

As sellers took control, XRP broke beneath both its 50-day and 200-day Simple Moving Averages (SMAs). This drop was further fueled by a bearish trend structure forming below the 200-day SMA around the $2.60 region, shifting market sentiment into a firm plunge.

This bearish breakdown ultimately drove XRP toward the lower boundary of the falling channel, with the token approaching the $1.92–$2.00 support area aligned with the 1.0 Fibonacci retracement level.

However, this key demand zone allowed buyers to re-enter the market. The price of XRP has since recovered into the mid-range of the channel, now trading around the $2.09–$2.20 region as it slowly pushes toward the 50-day SMA near $2.30.

The Relative Strength Index (RSI) is also showing signs of bullish intent. After approaching the oversold region in late November, RSI has bounced and is now hovering around the 44 area, moving steadily back toward the neutral 50-level, despite its consolidation around this zone.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator supports these early recovery signals. The blue MACD line has crossed above the orange signal line, and green histogram bars are beginning to print as bearish momentum cools, a clear signal of a potential shift despite the recent downtrend.

XRP/USD Chart Analysis Source: TradingViewXRP/USD Chart Analysis Source: TradingView

Ripple Token Poised For A Recovery Toward Key Resistances

Based on the XRP/USD price analysis, XRP appears positioned for a possible relief rally, with a potential move toward the 0.382 Fib level near $2.82 or the 0.236 Fib region around $3.14, representing a 30–35% upside from current levels.

XRP has repeatedly respected the lower boundary of its falling channel pattern, and the latest bounce suggests that momentum may be shifting.

A sustained rebound could allow the Ripple token price to climb higher into the highlighted supply zone between $2.80 and $3.10.

The first resistance level is at the 50-day SMA ($2.30), followed by the 200-day SMA ($2.61–$2.62), both levels that are acting as crucial barriers.

Conversely, if the price of XRP is rejected around the 50-day SMA, the token could still continue to trade inside the falling channel. In this bearish scenario, XRP could retrace back toward the key demand zone near $2.00–$1.92 if buying momentum fades.

Related News:

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Strive CEO Urges MSCI to Reconsider Bitcoin-Holding Firms’ Index Exclusion

Strive CEO Urges MSCI to Reconsider Bitcoin-Holding Firms’ Index Exclusion

The post Strive CEO Urges MSCI to Reconsider Bitcoin-Holding Firms’ Index Exclusion appeared on BitcoinEthereumNews.com. MSCI’s proposed Bitcoin exclusion would bar companies with over 50% digital asset holdings from indexes, potentially costing firms like Strategy $2.8 billion in inflows. Strive CEO Matt Cole urges MSCI to let the market decide, emphasizing Bitcoin holders’ roles in AI infrastructure and structured finance growth. Strive’s letter to MSCI argues exclusion limits passive investors’ access to high-growth sectors like AI and digital finance. Nasdaq-listed Strive, the 14th-largest Bitcoin treasury firm, highlights how miners are diversifying into AI power infrastructure. The 50% threshold is unworkable due to Bitcoin’s volatility, causing index flickering and higher costs; JPMorgan analysts estimate significant losses for affected firms. Discover MSCI Bitcoin exclusion proposal details and Strive’s pushback. Learn impacts on Bitcoin treasury firms and AI diversification. Stay informed on crypto index changes—read now for investment insights. What is the MSCI Bitcoin Exclusion Proposal? The MSCI Bitcoin exclusion proposal seeks to exclude companies from its indexes if digital asset holdings exceed 50% of total assets, aiming to reduce exposure to volatile cryptocurrencies in passive investment vehicles. This move targets major Bitcoin treasury holders like Strategy, potentially disrupting billions in investment flows. Strive Enterprises, a key player in the space, has formally opposed it through a letter to MSCI’s leadership. How Does the MSCI Bitcoin Exclusion Affect Bitcoin Treasury Firms? The proposal could deliver a substantial setback to Bitcoin treasury firms by limiting their inclusion in widely tracked MSCI indexes, which guide trillions in passive investments globally. According to JPMorgan analysts, Strategy alone might see a $2.8 billion drop in assets under management if excluded from the MSCI World Index, as reported in their recent market analysis. This exclusion would hinder these firms’ ability to attract institutional capital, forcing them to compete at a disadvantage against traditional finance entities. Strive CEO Matt Cole, in his letter to…
Share
BitcoinEthereumNews2025/12/06 11:33
Snowflake and Anthropic Forge $200M AI Partnership for Global Enterprises

Snowflake and Anthropic Forge $200M AI Partnership for Global Enterprises

The post Snowflake and Anthropic Forge $200M AI Partnership for Global Enterprises appeared on BitcoinEthereumNews.com. Peter Zhang Dec 04, 2025 16:52 Snowflake and Anthropic unveil a $200 million partnership to integrate AI capabilities into enterprise data environments, enhancing AI-driven insights with Claude models across leading cloud platforms. In a strategic move to enhance AI capabilities for global enterprises, Snowflake and Anthropic have announced a significant partnership valued at $200 million. This multi-year agreement aims to integrate Anthropic’s Claude models into Snowflake’s platform, offering advanced AI-driven insights to over 12,600 global customers through leading cloud services such as Amazon Bedrock, Google Cloud Vertex AI, and Microsoft Azure, according to Anthropic. Expanding AI Capabilities This collaboration marks a pivotal step in deploying AI agents across the world’s largest enterprises. By leveraging Claude’s advanced reasoning capabilities, Snowflake aims to enhance its internal operations and customer offerings. The partnership facilitates a joint go-to-market initiative, enabling enterprises to extract insights from both structured and unstructured data while adhering to stringent security standards. Internally, Snowflake has already been utilizing Claude models to boost developer productivity and innovation. The Claude-powered GTM AI Assistant, built on Snowflake Intelligence, empowers sales teams to centralize data and query it using natural language, thereby streamlining deal cycles. Innovative AI Solutions for Enterprises Thousands of Snowflake customers are processing trillions of Claude tokens monthly via Snowflake Cortex AI. The partnership’s next phase will focus on deploying AI agents capable of complex, multi-step analysis. These agents, powered by Claude’s reasoning and Snowflake’s governed data environment, allow business users to ask questions in plain English and receive accurate answers, achieving over 90% accuracy on complex text-to-SQL tasks based on internal benchmarks. This collaboration is especially beneficial for regulated industries like financial services, healthcare, and life sciences, enabling them to transition from pilot projects to full-scale production confidently. Industry Impact and Customer…
Share
BitcoinEthereumNews2025/12/06 11:17
Pundi AI Teams Up with HyperGPT to Build an Open, Community-Driven AI Future With Tokenized Data and Web3 Tools

Pundi AI Teams Up with HyperGPT to Build an Open, Community-Driven AI Future With Tokenized Data and Web3 Tools

The post Pundi AI Teams Up with HyperGPT to Build an Open, Community-Driven AI Future With Tokenized Data and Web3 Tools appeared on BitcoinEthereumNews.com. Decentralized finance and AI industry watchers were briefed by COINOTAG News on December 6th about a strategic alliance between Pundi AI and HyperGPT. Official sources confirm the collaboration aims to build an open, transparent, and community-driven AI future, leveraging each party’s strengths to advance verifiable data infrastructure and governance. The partnership will fuse Data Pump with tokenized datasets to boost AI performance while mitigating model risk, enabling broader participation in AI training. HyperGPT provides developer-friendly tools via its ecosystem, including an AI application marketplace, HyperStore, the HyperSDK integration layer, and agents through HyperAgent, plus monetization paths via HyperNFT. For developers and users, the collaboration signals a tangible move from experimental pilots to scalable, production-ready Web3 AI solutions. The alliance is positioned to accelerate real-world adoption, drive ecosystem liquidity, and support sustainable value creation through credible data provenance and transparent AI tooling. Source: https://en.coinotag.com/breakingnews/pundi-ai-teams-up-with-hypergpt-to-build-an-open-community-driven-ai-future-with-tokenized-data-and-web3-tools
Share
BitcoinEthereumNews2025/12/06 11:42