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**XRP Price Prediction for December 20**
As of today’s market situation, the price of Ripple (XRP) is trading at $2.157, and our analysis suggests a possible short-term trend reversal. According to our expert Denys Serhiichuk, a seasoned trader with over 5 years of experience in both fundamental and technical market analysis, it appears that sellers have gained control, resulting in the price action below the vital area of $2.
In this scenario, we may see a false breakout of the $2 level. If the daily bar closes away from this mark, there is a chance to witness a test of the $2.30-$2.40 range by the end of the week.
However, if sellers’ pressure continues and XRP’s price breaks out of the critical area, it could potentially lead to a decline down to the $1.60 region.
We will have to wait until the weekly candle closes before we can make any definitive predictions about the future of XRP’s value. As always, our readers are advised to conduct their own research and consider various factors before making any investment decisions.
For now, it seems that XRP is heading in a downward trajectory, with sellers gaining an upper hand in the market.
Source: u.today
