XRP Price Prediction For December 30
XRP’s price action has been choppy and sideways, with no clear pattern emerging. Currently, there are no signs of a strong trend or reversal, and the market is in a state of indecision. Ripple is Move within possible triangle patternsbut it’s still uncertain whether this will resolve with an upward or downward breakout. As of this writing, XRP is trading at $2.10.
Bitcoin’s Impact on XRP
Bitcoin’s recent decline suggests that altcoins, including XRP, may fall further. However, XRP is currently sitting in a slight support zone between $2.04 and $2.21. This level provides some support, but not enough to confirm a reversal or major price action.
Price targets and key levels
If XRP continues to consolidate, the price could reach higher levels within the range, possibly around $2.50. However, there are no clear signs that prices are about to rise. If the price breaks below the $2.04 support, it could signal further declines, with the next potential support area around $1.8.
Blue scenario: Further recession
If XRP falls below $2.04, the likelihood of a larger price correction increases. In this case, the next support levels to watch would be $1.8, $1.63, and $1.53. If there is further decline, the price level may approach $1.36-1.39, at which point a stronger buying reaction may occur.
Coinpedia Analysis (Short Term):
XRP price is currently facing resistance at the key levels of $2.2857 and $2.2821, indicating the presence of significant overhead pressure. Additional resistance is seen at $2.2442 and $2.2131, with a potential retracement at the 38.2% level of the 4-week low near $2.1807. The pivot point is set at $2.1648, with the previous close at $2.1441 and the latest price at $2.1037, indicating bearish sentiment in the market.
Currently, the outlook for XRP is cautiously neutral. If the price holds above $2.0958, it may attempt a move towards higher resistance. However, if the price breaks below $2.0707, it may face further losses, with the next key support area near $2.0475.
