CandleFocus XRP Price Prediction for December 20, Will the $2.2 Mark Hold?
2024-12-20
Author: Content Editor
Despite the current negative sentiment in the crypto market, XRP has managed to hold a crucial support level at $2.20 and is showing signs of a potential upside rally. Traders and long-term holders remain optimistic about XRP and have purchased millions worth of tokens during the price decline. Exchanges have witnessed significant outflows of XRP, indicating a bullish outlook for the token. Technical analysis suggests that if XRP maintains the $2.20 support level, it could see a 13% increase to reach the next resistance level of $2.50. However, if XRP falls below this support level, it could drop to $2 or lower. As of now, XRP is currently trading near $2.30 and has experienced a 2.70% price surge in the past 24 hours.
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