Check it out!!! Latest!! XRP Price Prediction for December 26

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Currently, XRP is trading in a range, and the market is relatively quiet due to the holiday season. The price has not yet seen any major breakout. The key question now is whether the price of XRP will surge after the holiday season is over. At the time of writing, XRP is down more than 2% and is trading at $2.25.

Potential Triangle Pattern Forming

Currently, XRP may be forming a triangle pattern, which often indicates a period of consolidation before a breakout. However, it is important to note that triangles are not always reliable and this pattern does not seem to be fully formed yet. Caution must be exercised as this pattern may evolve into another one and a clear breakout may take some time.

The price of XRP may go in two directions

Upward Breakout Scenario: An upward breakout is still possible, but the triangle does not seem to be fully formed at the moment. It may take more time for the correction to complete, either through a continued D wave in the triangle or through a downward move.

If the market holds above recent support at $1.94-1.95, XRP could move higher and target the $2.59 level, which would be a major milestone within the pattern.

Downside Risks: If XRP fails to break out to the upside and instead breaks below the $1.94-1.95 support, the price could drop to lower support levels. Key levels to watch on the downside include $1.80, $1.63, and $1.53. The $1.40 area is particularly important as it aligns with a common retracement target during correction phases.

XRP’s price action is at a critical point. While a breakout is still possible, the triangle pattern is not fully completed yet and there are several potential correction scenarios to consider.

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