The post XRP Price Prediction For December 12 appeared first on Coinpedia Fintech News
Ripple’s XRP is currently up by more than four percent and is trading at the $2.40 levels. The current chart for XRP remains largely unchanged and the primary outlook suggests that XRP could be in the later stages of a bullish structure. The question now is whether this is the breakout to new all-time highs or if the price will test the previous all-time high around $3.30.
Key Support and Resistance Levels
A reaction has been observed at the previous breakout point, which occurred at the 2021 high. The green line on the chart, representing this breakout point, was tested from above yesterday. It’s possible that XRP is still in wave three, with one more potential high before the market moves forward.
Even if the price dips below the green line, indicating short-term weakness, there is a Fibonacci support zone between $1.5 and $1.7. However, the smaller-time frame support levels are
We współpracy z: https://coinpedia.org/news/xrp-price-prediction-for-december-12/
