
XRP Price Prediction For December 27
Ripple’s native cryptocurrency, XRP, has been experiencing a decline over the past few days. The token is currently trading at $2.42 and is approaching a key support level between $2.40 and $2.20. If this support level holds, there could be a chance for an upward rebound. However, if it falls below $2.20, a more significant decline in the near term could occur.
In terms of resistance levels, XRP has a notable one at $2.73, which was previously tested on December 17th. If this level is broken, we can expect to see an upward move potentially reaching its all-time highs.
Currently, XRP is consolidating and testing key support levels. It’s essential for the token to hold above $2.40 to avoid a sharp decline. A break below this level would shift focus towards lower price targets.
Source: coinpedia.org