Big news 💥 
#XRP_ETF has shown strong bullish momentum recently, surpassing $1 and aiming for the $1.50-$2 range by the end of 2024. The crypto gained traction after Ripple's legal victories and the announcement of XRP-based ETFs, alongside broader positive sentiment in the crypto market.
December 2024 Outlook💥
Entry Point🌱
For short-term traders, entering between $1.25 and $1.30 could be viable, with stops below recent support levels.
Targets🎯
First resistance lies at $1.50; a break above this could lead to a retest of $2.
Stop-Loss🚨
A stop-loss around $1 ensures minimal downside risk if broader market conditions shift.
#Ripple's focus on institutional partnerships and its recent efforts, such as burning surplus RLUSD tokens, suggest strategic moves to strengthen $XRP ecosystem. However, price movements remain tied to regulatory clarity and overall market trends.