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XRP Price Prediction for December 20
As we approach the end of the week, it’s essential to take a closer look at the current market dynamics and assess the possibility of future price movements. Based on the recent price action, we can see that the price of XRP has once again made a false breakout above the $2 mark.
From the bigger time frame perspective, this could be an indication that the bears are still in control, and it’s essential to wait for the weekly candle to close before making any significant decisions. If the daily bar closes far from the mentioned area, there is a possibility that we will see a test of the $2.30-$2.40 range by the end of the week.
However, if sellers’ pressure continues and a breakout of the vital area of $2 occurs, it’s possible that the energy might be enough for a decline to the $1.60 area. At the time of writing, XRP is trading at $2.157.
In conclusion, we can see that the current market conditions are still uncertain, and any predictions should be taken with caution. It’s essential to keep an eye on the charts and adjust our strategy accordingly.
Original article: https://u.today/ripple-xrp-price-prediction-for-december-19/
Date of original publication: December 19
Source: u.today
