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XRP Price Prediction For December 21

Published by
Anjali Belgaumkar

Ripple’s XRP is up by more one percent and is trading at $2.28 level at the time of writing. After retesting levels below $2, the price is now maintaining bullish momentum. Bitcoin and other coins are also down right now, and some traders are taking advantage of the dip by buying more. The price of XRP has been consolidating around the $2 range, and this is where it could stay for a while, which is a good sign for holders. Overall, the market is seeing a lot of liquidations, with $680 million wiped out in the last 12 hours alone. 

Short-Term Price Range and Potential Movements

Currently, XRP is trading between $1.96 and its all-time high of $3.30. The price remains squeezed within this range, and a potential upside movement could still emerge. A short-term bullish scenario could see one or two additional highs as part of a larger wave structure, similar to what is expected in other major cryptocurrencies, such as Bitcoin.

Possible Elliott Wave Count and Structure

There are two possible Elliott Wave counts on the XRP chart. The first suggests the top may already be in place, with the current price action forming a fourth wave triangle. If this count plays out, a final fifth wave could complete the current bullish cycle. The second wave count proposes that an additional 4-5% upside movement may occur before the cycle concludes. The focus remains on the current structure and its potential implications.

XRP’s price is on a rollercoaster ride curious about where it’s headed? Read our long-term XRP price prediction for the full outlook!

Validation and Invalidations: Key Price Levels

To keep the triangle scenario alive, XRP must stay above $1.90. If the price breaks below this level, it would invalidate the triangle count, suggesting a more direct ABC correction. This scenario would likely see XRP move lower before any potential recovery. For now, it’s important to remain flexible regarding the exact microstructure of the market.

FAQs

What is the expected price of XRP in 2025?

XRP’s price in 2025 could range between $1.50 and $5, depending on market conditions and regulatory developments.

How much will 1 XRP be worth in 2030?

By 2030, XRP could potentially be valued between $10 and $30, assuming strong adoption and favorable market conditions.

What will XRP be worth in 30 years?

In 30 years, XRP’s value could vary significantly, potentially ranging from $50 to $100 or more, depending on technological advancements and global crypto regulation.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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