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XRP Price Prediction for December 28
As of press time, the price of Ripple’s native cryptocurrency XRP is trading at $2.1761. According to a recent analysis by Denys Serhiichuk, a renowned trader with over 5 years of experience in both technical and fundamental market analysis, the outlook for the coin appears to be bearish.
In his latest assessment, Denys notes that if buyers’ pressure continues, it is possible for the price to break through the next level and potentially move towards $2.20. However, he emphasizes that this would likely require significant buying pressure.
On a more long-term basis, Serhiichuk warns that if the price fails to hold above the critical level of $2, there is a risk that it could test the $1.50 area within the next few weeks.
Currently, XRP is trading at $2.165, but it’s essential for traders to keep in mind that market conditions can change rapidly. If you’re considering entering or exiting a position based on this prediction, it’s crucial to stay informed and monitor developments closely.
To learn more about Denys Serhiichuk’s insights and opinions, visit his blog on TradingView, where he regularly shares his analysis and predictions for top cryptocurrencies.
Source: u.today
