XRP (USD) Price Forecast: December 28
The XRPUSD pair may likely bounce off the support line and break up the resistance level at $2.87 soon. Thus, a sharp breakout and closure above the $2.87 correction phase will invalidate any bearish thesis. As a result, the price might hit the high of $3.00 upper level and beyond, indicating a renewed correction trend.
Key Levels:
Resistance Levels: $2.18, $2.19, $2.20
Support Levels: $0.46, $0.45, $0.44
XRP (USD) Long-term Trend: Bullish (Daily Chart)
XRP remains bullish on the higher time frames. The coin price may bounce- off the current supply level for an increase. The price is above the supply level, indicating a bullish trend.
The sustained bullish pressure at the $2.32 supply level in the past few days has enabled the coin price to bounce –off the support line and remain in an uptrend in its recent high.
Today, the XRPUSD market is showing promising signs of recovery as the price bounces off the support line at $2.12 and remains pressured above the crucial level at $2.18 as the daily chart opens, indicating a significant upward.
Hence, if the bulls increase their confidence in the XRP investment, the coin market trend could surge to hit the $2.87 high level and expose it to the $3.00 resistance barrier, attracting big players to drive the coin price higher.
Meanwhile, further downsides are unlikely as the market price of XRPUSD points up on the daily signal. In light of this, the coin may bounce- off the current supply to reach the $3.00 upper resistance level in the coming days in its long-term outlook.
XRP (USD) Medium-term Trend: Bearish (4H Chart)
The XRP price may bounce off the support line as the bulls have decided to push us higher on the medium-term outlook. Further, the price is below the EMA-50, suggesting a bearish trend. 
The bears’ pressure on the crypto in the past few hours has dropped the price below the supply trend levels in its recent low.
Earlier today, the XRPUSD prices bounced off the support line at the $2.18 resistance level below the EMA-50 as the 4-hourly session, resulting in an intraday gain for coin buyers.
Hence, if the bulls increase their confidence in the XRPUSD investment, the coin market trend could see another uphill trend by pushing up to the $2.87 peak value, presenting an entry opportunity for coin investors.
Further, the market is pointing up at the 24% range of the daily stochastic, implying that the XRP market may bounce off the support line soon. Hence, the emergence of buyers is crucial at this moment, leading the coin price to a $3.00 supply value in the days ahead in its medium-term outlook.
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