The XRP model places its 80th-percentile December scenario at $2.38 and its 20th-percentile scenario at $1.18. The model's median forecast is $1.63 for Dec. 23, while XRP traded near $1.61 after a 9.81% rise over 24 hours. Ripple Payments adoption and XRPL activity do not establish new XRP demand. Higher yields and geopolitical uncertainty could test demand for volatile assets.