What will the XRP price do on December 23?
On December 23, let's talk about the XRP price. Here comes the key point, how is the XRP price now? It's consolidating, and we need to keep an eye on support and resistance levels to see if it can break out.
Right now, the XRP price is below $2.25, and on December 23, this price level should be noted. Can the D wave help it make a move?
Ripple's XRP has a bit of a sluggish trend, with a price lower than $2.25. Most of the top ten tokens are falling, and Bitcoin is no exception. As for XRP, it's still consolidating since it is still in the adjustment period. Remember these price levels in the next few days.
Where is the key support? Between $2.24 and $2.21, but be careful, as this support is a bit weak and might break. There's another important price level at $1.94; as long as XRP doesn't drop below this number, the consolidation can continue. But if it does drop, we will have to look for lower price levels.
What if it drops further? Between $1.85 and $1.12, if the consolidation breaks, there might be quite a few buyers stepping in at this level.
How about the resistance level? Looking on the bright side, XRP is close to touching the resistance level of $2.72. This price level is crucial; if it surpasses this hurdle, XRP might return to its previous highs. If it can maintain this and push further, this resistance level will become a target.
Also, XRP donated $5 million worth of XRP to Trump's inauguration fund; those interested can check the news.
Speaking of patterns, XRP may currently be forming a triangle D wave, with A, B, and C waves already completed, and the D wave is forming. There will be an E wave afterwards, which should be a higher low. If the triangle really materializes, once the E wave is finished, XRP might break through, and the price will go up.
As for the upcoming layout direction, I will guide everyone to aim for the high-profit opportunities in altcoins, especially those with great potential, with an expected upside of more than 10 times being feasible. If you want to make big money in a bull market, like and comment, and I'll lead you through the entire bull market!
