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XRP Price Prediction for December 22
The XRP market is currently experiencing a period of consolidation within the range of $2.20-$2.40. According to our analysis, it’s unlikely that XRP will break out of this zone and make a sharp move in either direction.
In the short term, the rate of XRP is far from the local support and resistance levels. If buyers lose the interim mark of $2.24, the correction may continue to the $2.20 area by tomorrow.
Looking at the bigger picture, neither buyers nor sellers have accumulated enough energy for a sharp move. This is also confirmed by the declining volume.
As a result, ongoing sideways trading in the zone of $2.20-$2.40 appears to be the more likely scenario.
Source: u.today
