The price of XRP has been moving in a choppy and sideways manner, with no clear trend or reversal. It is currently within a possible triangle pattern, but it is uncertain if it will break upward or downward. Bitcoin's recent decline suggests potential downside for altcoins like XRP. XRP is currently sitting at a micro support zone, but it is not strong enough to confirm a reversal or significant price action. If XRP continues to consolidate, it may aim for a higher level within the range, potentially reaching around $2.50. However, if it breaks below the support level of $2.04, a deeper decline may occur. The next potential support areas are at $1.8 and $1.63. Coinpedia analysis suggests that XRP is currently facing resistance at key levels, indicating strong overhead pressure. The outlook for XRP is cautiously neutral, but if it holds above $2.0958, it could attempt a move towards higher resistance levels. If it breaks below $2.0707, further declines may be expected, with the next key support area near $2.0475.
- Content Editor ( coinpedia.org )
- 2024-12-30
XRP Price Prediction For December 30