The price of Ripple's XRP is currently trading within a triangle pattern, indicating indecision in the market. It is uncertain if the pattern will break upwards or downwards, but this consolidation often precedes a significant move in either direction. As long as XRP holds above the key support level of $2.04, the bullish trend remains intact. A breakout above the consolidation could lead to higher levels, with $3 as a potential resistance level and even higher towards the all-time highs. On the other hand, a break below $2.04 could signal a bearish scenario, potentially leading to a larger correction. XRP is currently trading at $2.17, up by more than one percent in the last 24 hours.
- Content Editor ( coinpedia.org )
- 2024-12-29
XRP Price Prediction For December 29