The post XRP Price Prediction For December 18 appeared first on Coinpedia Fintech News
Ripple’s XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher.
A micro support region has been established between $2.55 and $2.62, though there is no immediate expectation for this level to be tested. The third wave is still unfolding, with a 100% extension reached. The ideal target for this third wave is around $2.81, but support should ideally remain above the current levels. Anything below this would be considered a deeper pullback, but still within the range of micro structures.
The third wave is expected to extend higher, followed by waves 4 and 5, which could push XRP to retest its all-time high. However, the structure is
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