XRP has entered December with a continued decline, dropping 18% this month and 7% in the last 24 hours. This marks the third consecutive month of losses, following declines of 13.8% in November and 12% in October. Historically, XRP has averaged a 63% gain in December, but has only closed the month positively five times in the past 13 years. Analysts suggest a bearish trend may persist due to past volatility and recent downturns.
Despite the negative price movement, the launch of five XRP spot ETFs has spurred significant demand, with over 300 million XRP purchased, bringing total assets to $687 million. Exchange-held XRP has decreased by 45% since September, potentially reducing liquidity and supporting a future price rebound. Analysts forecast XRP could reach $4 in four months, with some optimistic projections suggesting a rise to $10. Additionally, Ripple's planned RLUSD stablecoin launch in Japan by Q1 2026 is viewed as a potential long-term growth catalyst.
XRP Faces December Declines Despite ETF Demand and Historical Trends
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