December 28 XRP Price Prediction
Ripple's XRP has been like it's hit the pause button lately, completely still. The market seems to be gathering strength for a significant rise ahead, preparing for a little adjustment first. At the time of writing this content, XRP has quietly dropped over 2%, with a price resting at $2.17.
However, don't be fooled by the calmness in front of you; XRP's potential for an increase is substantial. This small pullback feels more like a halftime break in a game rather than the final whistle. If it puts in a bit more effort, it might just break through the previous historical high, roughly between $3.25 and $3.3, a price that also coincides with the magical numbers of Fibonacci.
Moreover, keep an eye on this: XRP's current price has already exceeded the 2021 peak of $1.96, which is solid evidence of the market's strong comeback. As long as the price holds steady and does not drop, XRP's future is definitely worth looking forward to.
Now, let's talk about the short term. XRP is currently following a triangular route, which can be a bit confusing, as any direction could potentially break out, but none are particularly certain. Thus, the price may drop in the short term, but it could also soar to new heights.
For those involved in cryptocurrency trading, the key points within this triangle must be closely monitored. The price needs to stay above $1.95 for this triangular play to continue. If the price falls below this point, the likelihood of a decline increases, and the triangular scenario could come to an end.
$1.95 is the critical line for XRP; as long as the price doesn’t fall below it, it can continue to tread water. However, if it does drop, the correction could be more pronounced, and the next support level might be between $1.8 and $1.39.
As for the next strategic direction, I'll guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, with expected gains of over ten times not being a problem. If you want to make big money in a bull market, like and leave a comment, and I will take you through the entire bull market!
