---
title: "Ripple (XRP) Price Rally Incoming in December? This Analyst Comments"
url: https://diffcoin.com/ripple-xrp-price-rally-incoming-in-december-this-analyst-comments/
description: "EGRAG CRYPTO thinks XRP might soar by 15% before the end of 2023."
published: 2023-11-24
updated: 2023-11-24
author: "Mila"
site: "Diffcoin"
---

# Ripple (XRP) Price Rally Incoming in December? This Analyst Comments

**TL;DR**

- **XRP Year-End Prediction**: Analyst EGRAG CRYPTO forecasts XRP could rise to above $0.71 by year-end, a 15% increase, but warns of a potential drop below $0.55 before climbing.
- **Previous Mega Pump Theory**: Previously, EGRAG CRYPTO suggested a potential “mega pump” for XRP, raising its value to around $0.85.
- **Other Analyst’s View**: Dark Defender, another analyst, predicts an increase in XRP’s price to between $1.05 and $1.88, citing a “cup & handle pattern” in its daily time frame.

## A 15% Increase by New Year’s Eve?

Could XRP’s price go on another offensive by the end of 2023? This is a question that numerous cryptocurrency proponents have been asking and is among the trendiest topics in the community.

One analyst who [believes](https://twitter.com/egragcrypto/status/1727640453871239266) that such an uptrend might be in the cards is the X (Twitter) user EGRAG CRYPTO. They presented a chart according to which XRP might finish the year at above $0.71, representing a 15% increase from its current valuation.

However, the analyst warned that the asset’s price might plunge below the certain resistance level of $0.55 (known as the “Berlin wall”) before ascending to the aforementioned peak.

Previously, EGRAG CRYPTO assumed that XRP could be on the verge of a “mega pump” that could lift its valuation to $0.85 in the following months.

## Other XRP Short-Term Predictions

The X (Twitter) user Dark Defender is another analyst who thinks that Ripple’s native token could head north in the near future. Recently, they suggested that the asset has formed “a cup & handle pattern in the daily time frame,” which might result in a price increase in the range of $1.05 to $1.88.

Those willing to explore how XRP might perform in the remaining quarter of the year could take a look at our dedicated video below:

[https://www.youtube.com/watch?v=japu5zwWP0U](https://www.youtube.com/watch?v=japu5zwWP0U)

SPECIAL OFFER (Sponsored)  
  **Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month**  (terms).

[Source link](https://cryptopotato.com/ripple-xrp-price-rally-incoming-in-december-this-analyst-comments/)