The post XRP Price Prediction For December 23 appeared first on Coinpedia Fintech News
Ripple’s XRP is currently trading in red and is trading below the $2.25 mark. Majority of the top 10 coins are trading in red, including Bitcoin. XRP continues to trade sideways as it remains in a consolidation phase. This range-bound movement is expected to exist as the market works through a correction. Here’s an update on the important price levels to monitor for XRP in the coming days.
Key Support Levels
XRP is currently facing support between $2.24 and $2.21. This range is based on Fibonacci retracement levels, but it is important to note that this support is relatively weak and could potentially be broken. The critical level to watch is the $1.94 swing low. As long as XRP stays above this level, the consolidation phase remains intact. However, if the price falls below $1.94, it could signal a shift toward lower support levels.
Potential Lower Support Zone
If XRP fails to hold a
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