XRP enters December with some of the calmest ranges of trade in weeks. Since the late-November bounce from $1.82, the XRP price has consolidated at approximately $2.20, but indications are that this phase of quiet trading might not last much longer.
What you'll learn 👉
XRP Is Holding Above a Key Support Zone
On the 4-hour chart, XRP continues to defend the $2.00–$2.05 support area. Each dip into that region has been bought quickly, and the market hasn’t revisited the $1.82 low since the bounce.
For now, the structure keeps the uptrend alive-even though the momentum has cooled. This steady base around $2.20 is the kind of consolidation that often sets the stage for a bigger move ahead.
The relative strength index also shows that the price of XRP has actually cooled off from the mid-November slide, hovering between 49 and 55. It’s no longer overbought, and it’s no longer under heavy selling pressure either. This neutral zone typically appears right before volatility returns.
Read Also: Here’s What 1,000 to 5,000 XRP Could Be Worth if ETFs Drain the Supply
Open Interest Rises as MACD Signals a Possible Shift
The open interest versus market cap ratio is slowly climbing again after dropping earlier in November. This usually signals that traders are quietly rebuilding positions. It’s not aggressive yet, but the steady increase indicates the market is preparing for a new leg of activity.
Long and short positioning also remains fairly balanced, which often precedes a breakout attempt. The market isn’t leaning too bullish or too bearish, it’s waiting.
The MACD histogram has been flattening out after a strong bearish run earlier in the month. While it hasn’t turned bullish yet, the momentum loss on the downside is clear.
Historically, the XRP price tends to move shortly after the MACD compresses like this near a strong support zone. This is another sign that December likely won’t be as quiet as the last week of November.
What XRP Could Do in December
If the XRP price remains above $2.15–$2.20, the price could push toward $2.40 in early December. A close above $2.40 opens up a clearer path toward the next resistance at $2.55–$2.60, levels XRP hasn’t retested since mid-November.
If Bitcoin strengthens in the first half of the month, the XRP price could stretch toward $2.75 before December ends.
In contrast, a failure at $2.10 could cut the price back to $2.00 for a retest. So long as XRP remains above $1.82, the greater trend is intact and the outlook constructive. XRP enters December in a stable position, with improving indicators and a firm base around $2.20.
The XRP chart isn’t sending surging signals yet, but it is showing early signs of pressure building. With momentum resetting and traders gradually returning, December could bring the next significant move, especially if the XRP price stays above $2.10.
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