CandleFocus

XRP Price Prediction For December 7

The price of Ripple's XRP has increased by over 5% in the last 24 hours and is currently trading at $2.45. Although it has risen by over 35% in the past week, it has not yet reached its all-time high of $3.84. Bitcoin is also trading above the $100,000 mark. XRP has faced strong resistance at the $3 mark, suggesting significant selling pressure. Analysts believe there is a support level at around $2 in case of further declines. The XRP/BTC chart indicates that XRP has reached a resistance point compared to Bitcoin, which could signal the end of a short-term rally. However, if the overall cryptocurrency market continues to grow, XRP has potential for future breakouts and a possible bullish trend.

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