Today, we will be looking at some of the Ripple price trends and market opinions to come to an XRP price prediction for December.
Ripple is a distributed ledger platform that was launched in 2012, with its own native token called XRP.
The company behind the platform is called Ripple Labs, and it manage the platform to facilitate payments between individuals and banking and financial institutions.
Currently, XRP is the third crypto by ranking according to a market cap of $7.757.805.822, with a 24-hour trading volume of $1.989.800.665.
Ripple (XRP) Price Prediction: Analysis
XRP started trading at $ 0,226466, but in the past few weeks, it was noticed a steady drop in its price against the US Dollar.
Since December 15th, the coin dropped below the $0.22 support level and traded at new support levels of $0.21.
December 16th saw a continuation of this downward trend, with XRP price continuing to set new lows, establishing immediate support at $0.21250. However, at the end of the day, it was clear that more losses below…