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**XRP Price Prediction For December 30**
The current state of the cryptocurrency market is quite uncertain, with numerous altcoins showing mixed price action. XRP has been no exception, exhibiting a choppy and sideways movement that lacks any clear direction. At present, there’s no compelling evidence to suggest a strong trend or reversal in sight.
As XRP moves within a possible triangle pattern, it’s difficult to discern whether this setup will ultimately lead to an upward or downward breakout. As of the time of writing, the asset is trading at $2.10.
Bitcoin’s recent decline does raise concerns about the possibility of further declines for other altcoins, including XRP. However, it’s essential to keep in mind that XRP currently finds support within a range between $2.04 and $2.21.
In this scenario, should XRP continue to consolidate, a potential price target may emerge around $2.50. Nevertheless, there is no clear indication at present that such an upward surge will occur.
On the flip side, if XRP were to break below the $2.04 level, it could potentially trigger a deeper decline, with support areas located at approximately $1.8 and subsequent levels at $1.63 and $1.53. It’s also possible that the price may drop even further, reaching levels around $1.36-$1.39, where there might be stronger buying interest.
**Coinpedia Analysis**
Our analysis suggests that XRP is currently facing significant resistance at key levels such as $2.0958 and $2.0707. While it’s possible for the asset to attempt a move higher towards more substantial resistance, if the price breaks below $2.0707, we could potentially see further declines.
In conclusion, our outlook for XRP is cautiously neutral at this time.
Source: coinpedia.org
