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XRP Price Prediction for December 14
As we approach the end of the year, the market is filled with uncertainty and volatility. XRP’s price has been ranging between $2.30-$2.50 on the bigger time frame, indicating a sideways trading scenario.
The volume has declined significantly, which means neither bulls nor bears are strong enough to push the market towards a sharp move. As such, I am more likely to predict that XRP will continue to trade within this range until we see a clear breakout or breakdown.
From a midterm perspective, traders should be focusing on the weekly bar closure in regards to the $2.1743 level. If it closes far from this level, bulls may take control of the market once again.
At the time of writing, XRP is trading at $2.4064.
Source: u.today
