XRP is currently moving sideways, showing little urgency from either buyers or sellers as the broader crypto market remains cautious. As of December 15, the token is trading in a narrow range between $1.92 and $2.01, highlighting uncertainty among investors after a recent pullback.
Over the short term, XRP has struggled to gain momentum. The price is down 3.7% in the last 24 hours, has fallen 7.2% over the past week, and is nearly 14% lower on a monthly basis. Despite this pressure, XRP has not seen a sharp breakdown, suggesting that traders are waiting for a clear signal before making their next move.
While the price action looks muted, XRP’s fundamentals continue to offer support. One major positive is Ripple’s approval for a national trust bank charter, a significant regulatory milestone that strengthens confidence in the project’s long-term vision. In addition, steady ETF inflows indicate that institutional interest in XRP remains intact, even as short-term sentiment cools.
From a technical perspective, the $1.95–$2.00 zone is acting as a critical battleground. If XRP can regain and hold above $2.00 with strong trading volume, it could trigger a controlled rebound. In that scenario, the next upside targets would likely sit in the $2.20–$2.30 range. A move into this zone would suggest renewed buying interest and could mark the start of a short-term bullish trend.
However, risks remain on the downside. If XRP fails to hold current levels and decisively breaks below the $1.95–$1.97 support area, selling pressure could accelerate. A daily close below $1.97 would increase the likelihood of a drop toward $1.80. In a more aggressive sell-off, the price could even revisit the $1.20–$1.30 range, showing just how fragile key support levels are in the current market environment.
At present, XRP is not showing strong signs of an immediate rebound. Instead, the market appears to be in wait-and-see mode. If support continues to hold, the token may remain stuck in a sideways consolidation phase before making a more meaningful move.
Overall, XRP is at a key turning point. A clean break above $2.00 could open the door to a mild recovery, while a breakdown below support may invite further losses. With solid fundamentals but uncertain market sentiment, the next move is likely to set the tone for XRP’s price action in the near term.
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