XRP (XRPUSD) Price Forecast: December 4
XRPUSD has experienced a remarkable and impressive rally today. The coin price is negotiating the upper resistance level and remains firm above the supply levels, sparking optimism among investors. The crypto might keep that direction if the bulls could add more efforts to their buying motives and the price closes above the $2.71 current supply level; the coin might further extend to a $3.00 upper resistance level, signaling heightened trading activity.
Key Levels:
Resistance Levels: $2.70, $2.71, $2.72
Support Levels: $2.50, $2.49, $2.48
XRP (USD) Long-term Trend: Bullish (Daily Chart)
The XRPUSD pair is negotiating the upper resistance levels as the bulls remain dominant with high bullish sentiment on the higher time frame. The coin price is above the moving averages with huge volumes from the bulls, suggesting a bullish momentum. 
The bulls’ pressure on the coin at the $2.36 supply value in the past session has sustained the price above the resistance trend levels in its recent high.
Today, the market price of XRP is negotiating the upper resistance at the $2.67 level above the moving averages as the daily chart opens, as the price maintains its upward trajectory.
However, with sustained investors’ enthusiasm, the coin price could reach as high as the $2.90 level if the selling pressure remains on hold.
Additionally, the XRPUSD price is negotiating the upper resistance and may remain in that direction, as indicated by the daily signal pointing up. Thus, buyers might push the crypto price to a significant level, and in this case, the target might be the $3.00 upper resistance level in the days ahead in its higher time frame.
XRP (USD) Medium-term Trend: Bullish (4H Chart)
XRPUSD is negotiating the upper resistance levels and shows a more bullish impact in its medium-term outlook. The bulls have the market at their disposal at the moment. However, a high retest to the breached $2.48 supply suggests strength in bullish momentum.
The coin has been making higher highs and higher lows in the previous actions; making it possible for the price to maintain an uptrend in its recent price level.
Today’s market value of XRP is negotiating the upper resistance at a $2.71 value above the moving averages as the 4-hourly session opens, affirming the coin buyers are gaining strength.
If the bullish momentum continues, the XRP price could surge above its current price at $2.71, reflecting growing investors’ interest and momentum.
Hence, while negotiating the upper resistance levels, the daily signal indicates an uptrend. Thus, trading above the moving average levels will also enable the market value of XRP to keep pushing up. Therefore, if the bulls can add more aggression to their activities, the $3.00 upper resistance level might be reached sooner in its medium-term time frame.
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