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XRP Price Prediction for December 20
In a recent analysis, the price of XRP has made a false breakout of the $2 area, which could potentially lead to a test of the $2.30-$2.40 range by the end of the week. According to Denys Serhiichuk, a seasoned trader with over 5 years of experience in technical and fundamental market analysis, any significant price action will be determined after the weekly candle closes.
However, if sellers’ pressure continues and a breakout of the vital area of $2 occurs, it’s possible that XRP could decline to the $1.60 area.
As of now, the current price of XRP is trading at $2.157.
It remains to be seen how the market will react in the coming hours and days. Will we see a test of the $2.30-$2.40 range? Or will XRP plummet to the $1.60 area? Only time will tell.
Sources:
* XRP price prediction by Denys Serhiichuk
Source: u.today
