XRP Faces Carnage If This Support Breaks

XRP is approaching a moment that traders tend to respect or regret ignoring, as it now sits directly on a key long-term support line from where the next move could be decisive.

On the higher-timeframe chart, this support has acted as a structural floor during previous corrections, according to the analysis shared by popular cryptocurrency trading expert MikybullCrypto in an X post on December 18.

This marks the area where selling pressure historically slowed, and buyers stepped in with conviction. As long as the price holds above it, XRP maintains a broader bullish structure, even if volatility remains elevated.

Why This Support Matters

Support lines represent collective market behavior, zones where participants previously agreed the price was ‘cheap enough’ to accumulate. When those levels are revisited, they often trigger defensive buying, short covering, or at least temporary stabilization.

In XRP’s case, this particular support aligns with prior consolidation and breakout behavior. That makes it more than a random level, but a point where confidence either holds or cracks.

The chart also shows momentum cooling after a strong advance, suggesting that this pullback is a test of strength rather than a random fluctuation. How price behaves here will likely shape sentiment for weeks, not days.

Currently, XPR is trading at $1.86, down 1.69% on the day, losing 7.2% across the week, and dropping 14.26% over the past month, according to the most recent price chart information.

What Happens If It Fails

If XRP decisively loses this support, the outlook changes quickly. A breakdown would signal that buyers are no longer willing to defend the structure, opening the door to accelerated downside and a broader reset.

That’s where the ‘carnage’ warning comes from. Once major support flips into resistance, the price often searches for liquidity much lower, catching late longs off guard.

For now, XRP is still holding the line. But markets rarely linger at decision points. Hence, buyers stepping up or stepping aside will determine if this is just a pause in the trend or the start of something far more painful.

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