- On XRP’s 5-day chart, volume declined during price falls, indicating exhausted sellers.
- Volume strengthened on price bounces, showing stepped-up demand.
- Chart analysis points to potential bullish reversal amid recent market volatility.
Renowned crypto analyst Egrag Crypto shared an insightful take on XRP’s price action via X on December 8, 2025, emphasizing that “Price & Volume Don’t Lie.” Focusing on the 5-day chart, Egrag illustrated a compelling narrative through volume behavior, suggesting a shift in market dynamics that could favor bulls.
According to the analysis, when XRP’s price fell, trading volume notably declined—a classic sign that sellers are running out of steam and losing conviction. Conversely, during price recoveries or bounces, volume ramped up significantly, indicating that buyers are stepping in with renewed demand. This pattern, Egrag notes, paints a clear story of potential exhaustion on the downside and building momentum for an upside move.
The accompanying chart, a candlestick display with volume bars below, features annotations highlighting key phases: an arrow pointing to shrinking volume amid a downtrend, another to expanding volume on a rebound, and a third to a recent spike that could signal the start of a stronger rally. XRP, which has hovered around $0.50-$0.60 through much of 2025 amid regulatory clarity and ecosystem growth, recently dipped below $0.55 before showing signs of recovery. This observation aligns with broader sentiment in the Ripple ecosystem, where ongoing developments like the RLUSD stablecoin launch and cross-border payment expansions have kept optimism alive despite macro pressures. Egrag’s post, garnering over 14K views quickly, resonates with traders watching for confirmation of a bottom.
Adding even more fuel to the bullish fire, another highly-followed XRP chartist posted just hours later: “This is exactly what we want to see on #XRP.” He laid out a precise Elliott Wave roadmap targeting $2.73 for Wave 3, with an impulsive break above the $2.18–$2.30 zone as the trigger. Current support sits at $2.07, and he expects any retest to be swiftly absorbed before the next leg higher, stating this setup “will keep you updated as it develops.” If both the volume exhaustion and wave structure play out, XRP could be gearing up for its strongest move of the cycle into 2026.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
