{"id":17197,"date":"2025-12-03T14:47:11","date_gmt":"2025-12-03T14:47:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/top-reasons-xrp-price-may-jump-by-about-40-in-december\/"},"modified":"2025-12-03T14:47:16","modified_gmt":"2025-12-03T14:47:16","slug":"top-reasons-xrp-price-may-jump-by-about-40-in-december","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/top-reasons-xrp-price-may-jump-by-about-40-in-december\/","title":{"rendered":"Top reasons XRP price may jump by about 40% in December"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price rose for two consecutive days as sentiment in the crypto market improved and demand for its exchange-traded funds rose.\u00a0<\/p>\n<div id=\"cn-block-summary-block_27aaaa5df837187580fd0e305e81f2e3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price rose for two consecutive days as the crypto market rebounded.<\/li>\n<li>Technicals suggest that the token may soon rebound by ~40%.<\/li>\n<li>XRP ETFs have continued to experience substantial inflows this year.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) token rose to $2.1785, up by $20% from its lowest point in November this year. This rebound could be the start of a prolonged rally, as the token has fundamental and technical catalysts.<\/p>\n<h2 class=\"wp-block-heading\">XRP price technicals point to more gains<\/h2>\n<p>The three-day chart shows that the Ripple price bottomed at the important support at $1.8520. It has resisted moving below this level several times since November last year.\u00a0<\/p>\n<p>The token has formed a falling wedge pattern whose two lines are about to rebound. Additionally, it recently formed a morning star candlestick and is in the process of forming an inverse head-and-shoulders pattern.<\/p>\n<p>XRP price has moved above the 50% Fibonacci Retracement level. It has found support at the strong, pivot, and reverse point of the Murrey Math Lines tool.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Therefore, the most likely XRP price forecast is bullish, with the next key target being the psychological level at $3, ~40% above the current level.<\/p>\n<p>On the other hand, a drop below the support at $1.8520 will invalidate the bullish Ripple price forecast. It will be a sign that bears have prevailed, which will drive it to the ultimate support at $1.5625.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Ripple token has other bullish catalysts<\/h2>\n<p>The XRP price will rebound due to rising demand from American investors, who have invested in its spot ETFs.\u00a0<\/p>\n<p>Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-xrp-spot\" target=\"_blank\" rel=\"nofollow\">SoSoValue<\/a> indicate that the four spot XRP ETFs have recorded $824 million in cumulative inflows, meaning that it may soon hit the $1 billion milestone. One catalyst will be Vanguard\u2019s decision to enable its clients to invest in crypto ETFs.<\/p>\n<p>JPMorgan analysts expect that XRP ETFs will reach $8 billion in inflows in the first year, driven by investor demand.<\/p>\n<p>The XRP price will also benefit from ongoing demand as futures open interest continues to rise. The daily open interest bottomed at $3.19 billion on Nov. 22, and has now rebounded to the current $3.91 billion. There are signs that open interest has bottomed and will rebound as demand rises.<\/p>\n<p>XRP price may also benefit from macro factors, including the upcoming Federal Reserve interest rate cuts and the potential nomination of Kevin Hassett as the next Federal Reserve Chair.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price rose for two consecutive days as sentiment in the crypto market improved and demand for its exchange-traded funds rose.\u00a0 Summary XRP price rose for two consecutive days as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=17197"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17197\/revisions"}],"predecessor-version":[{"id":17198,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17197\/revisions\/17198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11665"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}