With Christmas approaching, uncertainty continues to dominate the crypto market, leaving investors hesitant about near-term direction. Holiday trading periods are typically associated with lower liquidity and subdued volatility, even though short-lived rebounds can occur. For Ripple holders, however, XRP has yet to show any meaningful seasonal strength.
As of December 23, XRP is down nearly 3% on a daily basis, highlighting the lack of active buyer participation and reinforcing the cautious tone across the market.
Overall sentiment remains fragile, with traders closely monitoring price action for signs of conviction. Instead of committing to directional moves, XRP has remained locked in a narrow range, signaling indecision rather than sustained accumulation.
Current market scenario
At the time of writing, XRP is trading near $1.88 after declining approximately 2.7% over the past 24 hours. The recent rebound from the $1.77–$1.80 support zone helped slow downside momentum, but persistent selling pressure has prevented the price from establishing a stronger recovery. Market participation remains thin, limiting follow-through on minor bounces.
Upside outlook
From a technical perspective, the $1.85 level remains a key area to watch on the downside. As long as XRP holds above this threshold, short-term stability is preserved. A period of consolidation above this zone could allow for another attempt at higher levels, provided buying interest improves.
On the upside, the $1.97–$2.00 range continues to act as a significant resistance zone. Multiple rejections from this area have reinforced it as a critical barrier for bulls. A decisive and high-volume break above $2.00 would be required to shift sentiment and open the door to stronger upside momentum.
Until such a breakout materializes, the XRP outlook remains cautiously neutral. Bulls will need a clear increase in trading volume and sustained follow-through to confirm any meaningful change in trend.
Downside risks
If XRP falls below $1.85, sellers could quickly regain control. Such a move may drag the price back toward the $1.80 level, with potential extension into the $1.75–$1.78 zone. While this area has previously acted as demand, repeated tests could weaken its effectiveness. In a more risk-off environment, XRP may struggle to defend these supports.
XRP price prediction based on current levels
Based on current chart structure, the near-term XRP price prediction points to consolidation rather than a decisive trend. The token is likely to remain range-bound between $1.85 and $2.00 unless a clear catalyst emerges. A break above $2.00 would strengthen bullish sentiment, while a move below $1.85 would tilt the balance in favor of bears.
For now, the XRP outlook remains cautious, with traders awaiting clearer directional signals from both price action and broader market sentiment.
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