Forecast $XRP : Is a Rise to $3 Possible in December?
EMA lines show a strong bullish structure. Faster EMAs are located above slower ones, and the price has confidently settled above the shortest EMA. The token rally is approaching an important psychological and historical target of $3.00.
The historical maximum at $3.18 is the next significant barrier. Reaching it will give an increase of 18.5% from the current XRP price.
However, traders should also consider the downside risks. Key support levels at $2.29 and $1.88 indicate possible rollback targets if the momentum weakens.
A correction to these levels could mean a decline of up to 32% for the price. Such rollbacks often happen even in stable bullish trends.#2024Crypto #2023withBinance
