The post XRP Price Prediction For December 7 appeared first on Coinpedia Fintech News
Ripple’s XRP is currently up by more than five percent in the last 24 hours and is trading at $2.45 levels. Despite being up by more than 35 percent in the past week, the altcoin is yet to hit the ATH, which sits at $3.84. Majority of the top 10 altcoins are currently recording gains and Bitcoin is once again trading above the $100,000 mark.
XRP has encountered strong resistance near the $3 mark, specifically around the 1618 Fibonacci extension at $3. Recently, XRP reached a high of just over $2.90, falling short of breaking the $3 barrier. This hints at significant selling pressure, and the price is likely to struggle around this level in the short term. Here’s a breakdown of price analysis by analyst Josh of Crypto World:
Support Level Around $2
On the other hand, if XRP sees a pullback, support is expected at around $2. This level could act as a cushion for the price in case of f
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