CandleFocus

XRP Price Prediction For December 23

Author: Content Editor
The current trading for Ripple's XRP is in the red and below the $2.25 mark. Many top 10 coins, including Bitcoin, are also trading in the red. XRP is currently in a consolidation phase and trading sideways. The important price levels to monitor for XRP in the coming days are as follows: there is support between $2.24 and $2.21, but it is relatively weak and could potentially be broken. The critical level to watch is the $1.94 swing low, as long as XRP stays above this level, the consolidation phase remains intact. However, if the price falls below $1.94, it could indicate a shift toward lower support levels. If XRP fails to hold above $1.94, the next key support zone is between $1.85 and $1.12. On the upside, XRP is approaching resistance near the $2.72 level, which could signal a potential rally toward previous highs if broken. Currently, XRP may be in the D-wave of a triangle formation, with an E-wave forming a higher low and potentially leading to a breakout upward.

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