XRP forecast for December 2024

-

As of November 29, 2024, the price of XRP is $1.58. Based on recent market analyses and expert predictions, the price of XRP may experience fluctuations in December 2024.

It is anticipated that XRP could reach approximately $2.57 during that month.

Notably, XRP’s price trends may be influenced by Bitcoin’s halving event. Historically, XRP has shown significant growth around 228 days after a Bitcoin halving.

Given recent market dynamics, XRP’s price may perform positively in December.

However, the cryptocurrency market is highly volatile, and prices can be affected by various factors, including market sentiment, regulatory changes, and macroeconomic conditions.

In particular, the progress of a potential XRP ETF launch in December could significantly impact XRP’s price.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

Bitget Extends Support to Bybit Following Major Crypto Hack

At Bitget, we strongly believe in supporting the community and those contributing to the growth of crypto. The largest crypto hack in the industry recently...

Ethereum Staking ETFs: A Catalyst for Institutional Adoption and Market Expansion?

The SEC’s potential approval of Ethereum staking in ETFs could be a turning point, tightening ETH’s supply, driving prices higher, and accelerating institutional adoption. By offering...

Brazil’s XRP ETF: A Game-Changer for Institutional Adoption and Global Crypto Regulation

Brazil’s launch of the world’s first XRP-based ETF today, ahead of the U.S., marks a pivotal moment for XRP’s institutional adoption, potentially boosting its market...

Hyperliquid’s HYPER Token Faces Price Dip Post-HyperEVM Launch Amid Mixed Market Sentiment

Following the launch of HyperEVM, Hyperliquid’s HYPER token experienced a price decline, likely driven by a "buy the rumor, sell the news" effect, where the...

Most Popular

Guest posts