bullish

Major

Resistance

when

<p><a href="https://coinpedia.org/price-analysis/why-is-xrp-price-going-down-while-the-market-sentiments-turn-bullish/" target="_blank" rel="noreferrer noopener">Ripple’s XRP is currently down</a> by more than eight percent in the last 24 hours and is trading near the $2.33 levels. The price has rallied 60 percent in the last seven days and according to analyst Josh of <a href="https://www.youtube.com/@CryptoWorldJosh/videos" target="_blank" rel="noreferrer noopener nofollow">Crypto World</a>, XRP is in a strong bullish trend on the larger time frames despite encountering resistance.</p>   
<p>The analyst also observed that XRP failed to follow through on a breakout past the $2.80 level, which acted as a short-term resistance. After a brief push higher, the price was quickly rejected, breaking back down.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-major-resistance-around-3-nbsp"><strong>Major Resistance Around $3</strong>&nbsp;</h2>   
<p>XRP has encountered significant resistance near the $3 level, a crucial psychological point and also a <a href="https://coinpedia.org/traders/what-is-fibonacci-extension/" target="_blank" rel="noreferrer noopener">Fibonacci extension</a>. XRP’s all-time high (ATH) is just slightly above $3, around $3.30. This makes the $3 mark an even more critical point for the price action since it’s very close to the ATH. Typically, when the price approaches an ATH, it tends to face resistance due to the historical significance of that price point.</p>   
<h3 class="wp-block-heading" id="h-short-term-pullback-nbsp"><strong>Short-Term Pullback</strong>&nbsp;</h3>   
<p>XRP has faced a small pullback after reaching the $3 resistance. This is normal in bullish markets, and it doesn't mean the market is turning bearish. Short-term pullbacks can happen even during larger upward trends.</p>   
<p>Given the rejection at $3 and the current price behavior, it’s possible we could see a deeper pullback in the short term. A pullback could test lower support levels, such as $2.50 or even $2.30, providing a better entry point for those looking to re-enter long positions.</p>   [post_titles_links postid="389411"]   
<h3 class="wp-block-heading" id="h-sustained-bullish-trend"><strong>Sustained Bullish Trend</strong></h3>   
<p>However, despite short-term fluctuations, the long-term outlook remains bullish. XRP is still in a broader upward trend, and these pullbacks could provide opportunities for traders to accumulate more positions at favorable prices.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733381055586">
  <strong class="schema-faq-question"><strong>How much will 1 XRP be worth in 2030?</strong></strong> 
  <p class="schema-faq-answer">By 2030, XRP could see significant value growth, with projections estimating it could reach $10 or more, depending on market evolution.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733381263903">
  <strong class="schema-faq-question">Is XRP a good investment in the long term?</strong> 
  <p class="schema-faq-answer">XRP shows strong long-term potential due to its bullish trend and key role in blockchain technology, though market volatility is always a factor.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733381280189">
  <strong class="schema-faq-question">How does XRP’s price performance compare to Bitcoin?</strong> 
  <p class="schema-faq-answer">XRP is generally more volatile than Bitcoin but offers unique opportunities with its focus on cross-border payments, leading to potential outperformance.</p> 
 </div> 
</div>

XRP Price Prediction For December 5

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