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XRP Price Prediction for December 14
As of press time, the price of XRP (XRP) is trading at $2.4064, and market analysts are focusing on short-term movements. According to our analysis, it’s unlikely that we will see any significant moves from here, as the volume has declined significantly.
On a higher timeframe, the price of XRP is stuck in a wide channel between $1.65-$3.45. Since the asset cannot break out or fall below this range, sideways trading within this zone appears more probable. This assessment is based on our analysis and may vary from one expert to another.
When looking at a midterm perspective, we should pay close attention to weekly bar closings in relation to the $2.1743 level. If XRP closes far away from it, bulls might regain control and push prices upwards again.
In summary, we believe that a price action between $2.30-$2.50 is the most likely scenario for the time being.
Source: u.today
