$XRP Current situation analysis (2:50 PM)

Price: XRP is oscillating around $1.9237 (approx. 6.88 PLN), which means a decrease of 2.28% over the last 24 hours.

Candlestick formation: On the 15-minute chart, a large red bearish candle is visible, breaking the short-term upward trend initiated around 11:30 AM.

Technical indicators:

Moving averages (MA): The price has fallen below MA(7) (1.9287) and MA(25) (1.9033). The key long-term moving average MA(99) is at the level of 1.8982 and currently serves as the main dynamic support.

Volume: A sudden spike in volume during the decline (red bar at the bottom) suggests strong selling pressure in this time frame.

Sentiment: The order book shows a majority of buyers (53.02%) over sellers (46.98%), which may hinder further sharp declines.

Forecast for the rest of the day (December 16, 2025)

The market is currently in a phase of heightened volatility. Short-term forecasts indicate two main scenarios:

Optimistic scenario (Consolidation/Recovery): If the $1.90 level is maintained as psychological support, XRP may return to test resistance at the $1.95 level later this evening. Stabilization above 1.92 will signal demand to make another attempt.

Pessimistic scenario (Continuation of correction): Breaking the barrier at 1.8980 (MA99) will open the way for deeper declines towards today's minimum at 1.8522. Strong "Strong Sell" signals on hourly indicators suggest that bears currently have a technical advantage.

Key levels to watch:

Resistance: $1.9494 - $1.9807 (today's highs).

Support: $1.8980 (MA99) and $1.8522 (session minimum).

Summary: The rest of the day is likely to be marked by a struggle to maintain the $1.90 level. Without a clear upward impulse from the broader cryptocurrency market, XRP may remain in a sideways channel with a downward tendency.