XRP Price Prediction For December 15
Ripple’s XRP is currently down more than 2%, trading at $2.41. The altcoin is down more than 7% in the past seven days. XRP is technically still in a larger bull market, with no lower highs or lows confirmed on the weekly time frame. Over the past few weeks, XRP has experienced a short-term bearish trend within the larger bullish market.
price prediction
Now, XRP is testing support levels Between $2.33 and $2.40. A rebound from this range is possible in the short term, but if the price fails to hold above these levels, it could fall to the next support area between $2.00 and $2.23.
If XRP manages to hold above $2.40, a breakout of the $2.62 level could trigger a move towards $3.00 and possibly a test of all-time highs near $3.25.
support and resistance levels
The main resistance zone lies between $2.90 and $3.00, which is a level to watch for potential price rejection. On the downside, the first key support lies between $2.33 and $2.40. If XRP falls below this level, the next support level lies between $2.00 and $2.23.
The upper boundary of the trend channel also acts as support. A break above this level could lead to a more aggressive breakout, but this will depend on how prices behave in the coming days.
Analysts comment
Crypto World analyst Josh said that if XRP closes below $2.40, especially below $2.29, it may indicate that XRP will fall towards the support level around $1.90. Strong support is found near $2, with the previous resistance now acting as new support. If XRP holds this support, it may continue to rise. He said XRP is showing signs of a possible reversal but lacks enough confirmation to confirm a strong bullish breakout.
