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XRP Price Prediction December 25: What to Expect?

Ihdhar Nur Hadyan
Updated

XRP Price Prediction December 25: What to Expect?

Bittime - XRP price predictionahead of Christmas shows significant upside potential. Find the latest analysis and price targets for your investment considerations!

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XRP Price Analysis Ahead of Christmas and New Year

As Christmas approaches, XRP price predictions show significant upside potential. According to CryptoInsightUK, a crypto market educator, there is growing optimism among the community regarding the price of XRP on December 25. 

Currently, XRP is trading at Rp40,762 ($2.51), up 0.64% in the morning. Since December 15, XRP has shown bullish momentum, rising 4.21% and attempting to break through the psychological level of Rp39,168 ($2.4).

Community Opinion on XRP Price on Christmas and New Year

CryptoInsightUK conducted a poll on the X platform to find out the community's views on the XRP price ahead of Christmas. 

Of the 2,033 respondents, about 36% believe that XRP will trade between Rp32,400 ($2) and Rp53,460 ($3.30), while 30% expect the price to be in the range of Rp53,460 ($3.30) to Rp81,000 ($5). 

Interestingly, 26% of respondents predicted that the price of XRP would be above Rp81,000 ($5). 

Overall, 92% of respondents have a bullish view on XRP, with only 8% expecting the price to fall below Rp32,400 ($2).

Analisis CrediBULL Crypto

CrediBULL Crypto analyst shared his view that the XRP/BTC chart looks very promising. He indicated that a parabolic rally might be imminent and plans to take a long position in the near future. 

CrediBULL believes that XRP has the potential to become one of the most bullish assets in the market today, with many investors ready to take advantage of this momentum.

 

Also Read Latest XRP to IDR Price Today

XRP Price Prediction by Analysts

Following the poll, CryptoInsightUK predicted that XRP could hit a new all-time high (ATH) of around $81,000 ($5) between now and the new year. It also predicted that XRP would continue to climb to double-digit prices from January to March 2025. 

Another analyst, BobbyA, is also optimistic, predicting the XRP price will be between Rp73,800 ($4.5) and Rp85,500 ($5.25) on Christmas Day, although he warned of the possibility of a big sell-off after reaching that peak.

Also read: Ripple (XRP) Price $2, Is It Overvalued or Still Cheap?

XRP Price Increase

XRP is currently trading at Rp37,908 ($2.34), up more than 7% on Christmas Eve. 

Crypto analyst Javon Marks notes that XRP’s 4-hour chart shows confirmation of a Hidden Bullish Divergence, indicating a recovery of over 30% towards the yearly high of Rp47,172 ($2.91). Marks believes that this rally is only a matter of when, not if.

Also read: $XRP Trading Strategy in 2025: A Historic Moment That Will Repeat Itself

Double Bottom Pattern

CasiTrades analysts also noted that the XRP price has formed a double bottom pattern, indicating bullish potential. 

Although XRP is still below Rp38,556 ($2.38), this structure looks promising to push the price towards the target of around Rp42,072 ($2.60).

Conclusion

With various bullish predictions and supporting technical analysis, XRP shows the potential to experience significant price increases ahead of Christmas and New Year. 

Investors and crypto enthusiasts are advised to keep an eye on market developments and the latest news to take advantage of existing opportunities. 

Will XRP achieve these ambitious targets? Only time will tell.

FAQ

1. What will affect the price of XRP ahead of Christmas 2024?

XRP price is influenced by various factors, including market sentiment, technical analysis, and community polls. As Christmas approaches, investor optimism and bullish analysis from experts also contribute to the potential price increase.

2. What is the current price of XRP and how is it developing?

Currently, XRP is trading at Rp40,762 ($2.51) and has shown an increase of around 4.21% since December 15. Investors can monitor the price movement to determine the right time to invest.

3. What is the XRP price prediction for the end of 2024?

XRP price predictions for the end of 2024 show the potential to reach Rp81,000 ($5) or more, with some analysts predicting prices could reach double digits by early 2025.

4. How to invest in XRP safely?

To invest in XRP safely, it is important to do market research, stay up to date with the latest news, and use a trusted trading platform. Additionally, diversifying your portfolio and setting a stop loss can help manage risk.

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Check BTC to IDR , ETH to IDR , SOL to IDR and other crypto assets rates to find out today's crypto market trends in real-time on Bittime.   

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Reference

@technical approach, Here’s How High XRP Can Rise by Christmas, Expert Predicts, Accessed December 25, 2024

Nidhi Kolhapur, XRP Price Jumps 7% on Christmas Eve, Analysts Eye Rally to $2.91, BTC Reclaims $99K, Accessed December 25, 2024

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