The post XRP Price Prediction For December 6 appeared first on Coinpedia Fintech News XRP is under pressure today, falling more than 4% and trading around $2.05. The token is now at risk of dipping below the crucial $2 support zone, a level experts consider important for keeping short-term momentum alive. While the market is seeing weakness overall, XRP’s technical indicators show a mix of warning signs and relief …The post XRP Price Prediction For December 6 appeared first on Coinpedia Fintech News XRP is under pressure today, falling more than 4% and trading around $2.05. The token is now at risk of dipping below the crucial $2 support zone, a level experts consider important for keeping short-term momentum alive. While the market is seeing weakness overall, XRP’s technical indicators show a mix of warning signs and relief …

XRP Price Prediction For December 6

2025/12/06 00:40
XRP News [LIVE] Update

The post XRP Price Prediction For December 6 appeared first on Coinpedia Fintech News

XRP is under pressure today, falling more than 4% and trading around $2.05. The token is now at risk of dipping below the crucial $2 support zone, a level experts consider important for keeping short-term momentum alive. While the market is seeing weakness overall, XRP’s technical indicators show a mix of warning signs and relief signals.

Large Bearish Divergence Still Active

On the weekly chart, XRP is still dealing with a major bearish divergence that has been building over several months. This signal has not been cancelled, and it suggests that the broader trend remains bearish. Larger divergences like this often take time to play out and can drag prices lower even if short-term signals show some strength.

As long as this divergence stays active, XRP will struggle to form a strong upward trend.

Short-Term Relief From Daily Bullish Divergence

However, the daily chart tells a different, more positive story. A small bullish divergence confirmed about two weeks ago, which led to a slight price bounce and a period of sideways trading. This kind of pattern is normal after a bullish divergence and markets often move sideways or show mild upward relief before deciding the next directional move.

For now, this signal is helping XRP avoid a deeper drop in the short term.

Key Levels to Watch: Support and Resistance

The analyst expects XRP to continue moving sideways between strong support and resistance levels:

  • Resistance:  XRP faces resistance around $2.20, followed by a heavier resistance band between $2.30 and $2.40.
  • Support:  Strong support sits between $2.00 and $2.05.
    If XRP breaks below this, the next support zone is around $1.93 to $1.95.

If the token loses the $2 level, a quick drop toward the mid-$1.90 range comes into picture.

XRP Price Prediction: What Happens Next?

In the near term, XRP might move sideways between these zones as traders react to both positive and negative signals. The daily bullish divergence could help XRP hold above $2 for now, but the larger bearish divergence on the weekly chart suggests that the broader trend is still downward.

Unless XRP breaks above $2.40, the downside risk remains in focus. If the $2 support fails, analysts see the price sliding toward $1.93–$1.95, with the possibility of further losses if market conditions weaken.

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

US Prosecutors Seek 12-Year Prison for Do Kwon Over Terra Collapse

US Prosecutors Seek 12-Year Prison for Do Kwon Over Terra Collapse

        Highlights:  US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets.  Do Kwon will face sentencing on December 11 and must give up $19 million in earnings.   US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings.  The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined.  U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025  Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November.  TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán  (@zGuz) April 5, 2024  The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. 
Share
Coinstats2025/12/06 02:14