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**XRP Price Prediction for December 14**
As we approach the end of December, it’s crucial to assess the current market sentiment and identify potential trends. In the short-term perspective, I am not expecting any significant price moves in the near future.
From a technical standpoint, XRP is still stuck within the $2.30-$2.50 area and below. The recent movement has been quite narrow, which may indicate that neither side is prepared for a sharp move yet. This sentiment is reinforced by the decline in volume over the past few days, suggesting a lack of conviction among traders.
Considering these factors, I believe it’s unlikely we’ll see any dramatic changes in the short-term perspective. Instead, I predict a more sideways trading scenario within this range, as there’s no clear catalyst to prompt a decisive break either up or down.
In terms of the bigger picture, if the weekly bar closes far from the $2.1743 level, it could lead to bulls regaining control and potentially driving XRP prices higher. However, for now, I would not rule out a continuation of the recent consolidation phase.
Please note that this prediction is based on technical analysis only, and should not be taken as investment advice. It’s essential to perform your own research before making any decisions regarding your cryptocurrency portfolio.
This article has been written by Denys Serhiichuk
Source: u.today
