Usman Salis
XRP just delivered the kind of bounce technical traders dream about. The move suggests the correction might be over and a stronger rally could be forming. If XRP keeps building on this momentum, it could finish 2025 on a high note and possibly lead the next leg up for the entire crypto market.
The Technical Setup
After testing a key support zone around $2.15–$2.20, the token rebounded sharply—exactly as analyst DustyBC Crypto had projected. The 8-hour chart shows XRP moving within a large descending channel since mid-summer. The recent bounce from the lower trendline completed what looks like an (A-B-C) corrective wave, signaling the potential end of wave 2 and the start of a bigger wave 3 rally. Here's what matters now:
- Wave (E) likely finished with a sharp liquidation wick that rejected the lower channel boundary
- Confirmation level at $2.80–$2.85 — a breakout above this zone would give bulls a safer, lower-risk entry
- Upside targets at $3.20–$3.50, with potential extension toward $3.70+ if the rally gains steam
The bullish case stays valid as long as XRP doesn't drop back through point (D) on the chart. So far, the structure is holding up nicely.
Why This Matters for Crypto
XRP is showing one of the strongest technical setups among major altcoins right now. When XRP holds key support like this, Bitcoin and Ethereum often follow with their own rallies—a pattern we've seen before. If that plays out again, XRP could be the early signal that a broader crypto rebound is underway heading into year-end.
Usman Salis
