What will the price of XRP be on December 4th? Let's talk about it in Coin Encyclopedia
Let’s discuss the price of XRP on December 4th.
When writing this article, Ripple's XRP had dropped more than 5%, and the price was $2.56. Previously, the price surged to a high of $2.82, then came back down. However, yesterday the price broke through two major barriers at $2 and $2.5.
Now, we need to keep an eye on the range between $2.75 and $3. The $3 position is particularly critical, as it represents significant resistance on the chart. If XRP can break through this, the next target will be the historical high of $3.3, and looking at the current trend, this possibility seems quite high.
In the short term, if there's a pullback, there are also support levels to hold it up. For example, if it falls to $2.5, that previous resistance level can provide support. XRP often behaves this way, pulling back briefly before rising again, just like before.
Crypto World's analyst Josh mentioned that if it falls further, $2 is also a key level to watch, and it might be a strong support. We need to keep an eye on these support levels, as falling to these points could present a good buying opportunity.
Looking further ahead, the upward trend is still quite good; we're just a little bit away from a historical new high. Short-term pullbacks and fluctuations are normal in a bull market, so don’t lose heart.
Overall, the outlook for XRP is still positive, with a new high in sight. Even if there are slight pullbacks, the long-term perspective remains optimistic.
As for the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with high potential projects, with an expected space of over 10 times being no problem. If you want to make big money in the bull market, like and comment, and I’ll take you through the entire bull market!
