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XRP Price Prediction for December 22
As of now, the XRP price is trading at $2.2537, which is relatively far from both local support and resistance levels. If buyers fail to regain the interim mark of $2.24, we can expect a further correction to the $2.20 area by tomorrow.
On the larger time frame, neither bulls nor bears have accumulated enough energy for a significant price movement. This assessment is corroborated by the declining volume. Therefore, ongoing sideways trading within the range of $2.20-$2.40 appears more likely.
The weekly chart also paints a similar picture. If the candle closes near the current prices, we shouldn’t expect an increase in volatility before the end of the month.
In light of these findings, I predict that XRP will continue to trade sideways within the specified range, with no significant price action expected until then.
Source: u.today
