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**XRP Price Prediction for December 14**
According to Denys Serhiichuk, a renowned trader with over five years of experience in the crypto market, the price of Ripple’s native cryptocurrency, XRP, is unlikely to make any significant moves in the short-term. In his latest analysis, he emphasizes that the current situation does not offer enough support for a sharp upward or downward movement.
Currently trading at $2.4064, Serhiichuk believes that the asset will likely continue to consolidate within the established range of $2.30-$2.50. This means that the price may fluctuate within this zone without breaking any significant resistance levels.
The analyst also highlighted the importance of the weekly bar closure, which would be crucial in determining the future direction of XRP’s price movement. If the asset fails to close above the $2.1743 level, it could trigger a renewed bearish momentum.
In conclusion, Serhiichuk recommends that traders should focus on short-term consolidation and be prepared for any sudden changes based on market conditions.
Source: u.today
