XRP vs. Oil: Why This Slump Might Be Over

XRP vs. Oil: Why This Slump Might Be Over

Source: UToday

Published:2025-12-22 18:47

BTC Price:$89438

#XRP #Bullish #Crypto

Analysis

Price Impact

High

A technical breakout of a 3-month descending resistance trendline against wti crude oil could trigger a 'massive rally' for xrp, indicating a significant potential price movement.

Trustworthiness

Med

The analysis relies on technical chart patterns identified by a pseudonymous analyst. while clear levels are identified, it's a technical prediction rather than a fundamental catalyst.

Price Direction

Bullish

The analysis suggests xrp is at a critical juncture, having been in a 'fierce downtrend'. a break above the identified white diagonal trendline and the 0.0440 resistance zone against usoil is expected to lead to a significant upward price movement.

Time Effect

Short

The analyst believes selling pressure is 'exhausted' and an 'imminent' bounce is due, with a 'relief push due to print soon' if the breakout occurs, suggesting near-term action.

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Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Key levels to watch Digital oil? Advertisement Pseudonymous analyst @traderview2 has spotted a classic technical setup involving a descending resistance trendline and horizontal support zones on the chart that compares the value of XRP against WTI Crude Oil. XRP has been in a "fierce downtrend for nearly 3 months." However, this could change soon. Key levels to watch The most prominent feature of the chart is the white diagonal line sloping downward from the October highs. HOT Stories Strategy Buys 0 BTC, Boosts USD Reserve Morning Crypto Report: Fighting XRP Is Bearish: Solana Founder, Shiba Inu (SHIB) Nears Another 0, Bitcoin Erases Bears With 17,128% Liquidation Imbalance SEC’s Lawsuit Against Ripple Turns 5: How It Happened Crypto Market Prediction: Shiba Inu (SHIB) Back in 2023, XRP Can Take $2 Back Already, Is Bitcoin (BTC) Reversal Guaranteed? The white arrows point to specific moments where the price attempted to rise but hit this "ceiling" and was rejected. This confirms the trendline is valid and currently acting as strong resistance. Advertisement The shaded area around 0.0440 represents a major resistance zone. The red hammer icons indicate areas where selling pressure historically pushed the price down. At the same time, the area around 0.0270 - 0.0290 is the major support zone. The green icons show where buyers stepped in previously. You Might Also Like Mon, 12/22/2025 - 14:40 XRP Gets the Money: Weekly Inflows Jump 34% While US Investors Pull Back By Gamza Khanzadaev Advertisement The price is currently hovering around 0.0335, sitting just above an intermediate support line. The analyst believes the selling pressure is exhausted and a bounce is imminent. He is waiting for the price to break through the white diagonal trendline and close above it. If the price breaks that diagonal line, the analyst expects a massive rally. $XRP / $USOIL This chart has been in a fierce downtrend for nearly 3 months There is a clear trendline that's been holding it down It's evident that this pullback is "different", so the question is how long it lasts and is a relief push due to print soon All eyes are on… pic.twitter.com/5gM0JtIQAm — Dom (@traderview2) December 22, 2025 Digital oil? Ripple executives have historically used the "Oil" analogy to describe XRP's utility. XRP is viewed as the "fuel" or utility that powers the engine of global finance. Just as oil is essential for moving physical goods and powering the industrial economy, XRP is designed to move value and power the "Internet of Value." It is meant to be consumed and used instead of just being just hoarded. It is also worth noting that Ripple holds a massive amount of XRP in escrow (originally 55 billion), releasing a portion every month. Some commentators have compared this mechanism to OPEC (Organization of the Petroleum Exporting Countries). #XRP Price Prediction