The post XRP Price Prediction For December 20 appeared first on Coinpedia Fintech News
Ripple’s XRP has drifted to the red zone and is currently down by more than 2 percent. XRP has been trading within a range of approximately $2.20 to $2.70 over the past few days, showing limited movement on the larger time frames. The altcoin has recently experienced a slight pullback, which has led to the invalidation of a previous bullish breakout pattern.
While the price has not changed significantly, it remains within a potential bull market structure. The strong resistance level is around $2.90 to $3, where selling pressure has consistently been observed. On the lower end, there is support near $2, which has been tested multiple times and serves as the lower boundary of XRP’s current trading range. If the price breaks below $2, it may hint further downside.
Understanding The Support and Resistance Levels
The breakout had been confirmed at around $2.35, but the price closed bel
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