Technical analysis by BlessingTrade about Symbol XRP: Sell recommendation (12/8/2025)
https://sahmeto.com/message/3970316
XRP – Bearish Breakout Expected from Rising ABC Structure
Sell
Price at Publish Time:
$2.08

XRP has formed a rising corrective ABC structure, moving inside a narrowing ascending channel. The market has already shown weakness near the upper boundary, and the structure looks exhausted. I expect a downward breakout from this ABC formation , which should lead to a broader corrective phase. The primary downside target is located near $0.90 , aligning with a major horizontal support level and the origin of the previous impulsive move.
Source Message: TradingView
