XRP is currently trading around $1.92, testing key support near $1.90-$1.94 after recent declines, with the 50-day and 200-day moving averages signaling a weakening short-term trend. The asset faces strong resistance below $2.00, capped by a downtrend active for over six weeks, while nearly 50% of XRP supply remains in loss, prompting cautious moves from top 1% holders.
Market context shows extreme fear on the Crypto Fear and Greed Index at 23, often a precursor to bottoms, bolstered by robust institutional demand—U.S. XRP ETFs hold $1.2 billion and added $12.84 million recently. A TD Sequential buy signal has appeared on the 4-hour chart after nine bearish candles, hinting at a potential reversal, though XRP stays below major moving averages with resistance at $2.04-$2.05.
Trend analysis points to near-term consolidation between $1.85-$1.94, with forecasts predicting a slight dip to $1.88-$1.90 through December 31, followed by recovery toward $1.97 by early January and potential upside to $2.18 by mid-January. Longer-term, December averages $1.92 with a max of $1.96, but bullish scenarios eye $5.05 by year-end if resistance breaks, driven by ETF approvals, on-chain activity, and Ripple's legal wins. Ultra-bull projections stretch to $10+ by 2028 or even $50 by 2034-2040.
For Vietnamese investors, this dip amid holiday volatility offers a strategic entry. Action suggestions:
- Buy on dips near $1.90 support for short-term trades targeting $2.00 resistance—use VND-stable pairs on local exchanges like Remitano or Binance P2P.
- Set stop-losses below $1.77 to guard against drops to $1.80 or $0.80.
- Allocate 5-10% of portfolio for HODL, eyeing 2026 gains to $2+ as ETF inflows and global adoption grow.
- Monitor U.S. CPI data, BoJ policies, and XRP ETF flows for catalysts—diversify with VNDC or USDT to hedge VND fluctuations.
Stay vigilant; crypto markets reward patience over panic.
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