The post XRP Price Prediction For December 9 appeared first on Coinpedia Fintech News
Ripple’s XRP has drifted into the red zone but is trying to hold above the $2.50 levels at the time of writing. XRP is currently holding above its 2021 breakout point and the price has stayed above $1.96, which is an important level. Right now, XRP is moving between the all-time high of $1.96 and the 2021 high of around $3.30. These levels create support and resistance zones.
Wave Structure and Price Predictions
XRP is still in a larger price structure that suggests it’s in the third wave of a bigger cycle. After the bottom in June 2022, the market has already seen waves 1 and 2. Now, it is in wave 3, and this could push the price higher in the coming months. The next target is between $5 and $10, though it’s too early to predict this accurately until the price tops in wave 3 and bottoms in wave 4.
Key Support Levels to Watch
The main support for XRP is currently between $1.79 and $
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