2024-12-21 04:34:14

Ripple/US Dollar

XRP is one of the biggest losers today, dropping by 11.48%.
On the hourly chart, the XRP price bounced back from the local support level at $1.96. If buyers manage to maintain their momentum, the uptrend may continue towards the $2.30 area by tomorrow. From a mid-term perspective, we should wait until the weekly candle closes.
If selling pressure continues and a breakthrough occurs in the $2 vital zone, there may be enough momentum to drop to the $1.60 zone.
XRP is trading at a price of $2.157 at the time of publishing this report.
XRP

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