Why a $2.38 XRP price target is actually hiding a $1.18 crash risk
Summary
XRP rose 9.81% in 24 hours to about $1.61, near CryptoSlate’s $1.63 median forecast for Dec. 23, after an intraday low of $1.44. The forecast is a changing model estimate, not a guaranteed target; its scenarios range from $1.18 at the 20th percentile to $2.38 at the 80th. The article notes that Ripple’s Korean bank payments deployment has not disclosed XRP-specific volume, while much reported XRPL automated market-maker activity used issued tokens rather than XRP. Broader risk factors include elevated real yields, monetary-policy uncertainty and geopolitical tensions. Whether the rebound lasts may depend on sustained XRP-linked liquidity and market conditions.
