Ripple’s (XRP) price stalled into a consolidation phase in December along with Bitcoin. But the blue-chip, large-cap cryptocurrency could make waves again.

XRP performed fantastically in 2023, with 87% YTD gains the final week in December and an eye on $1 in 2024. That’s impressive, given Ripple’s legal woes with the SEC lawsuit since 2020.

In December, XRP’s price continues to trade with support at $0.62 and a descending line of resistance from $0.72 on Nov. 6 to $0.67 on Dec. 8 to $0.65 on Dec. 25.

In any case, it’s important to look at some of the key dates that are approaching in Ripple’s lawsuit that may serve as a catalyst for developments in XRP’s price. It’s also worth mentioning that there are other legal proceedings taking place simultaneously, which may impact the way the Ripple v. SEC case unfolds.#XRPWhaleAccumulation #XRP/USDT.P $XRP