XRP Price Analysis for December 7
Analysis
Price Impact
HighThe analysis suggests potential significant declines for xrp, with immediate support breaks potentially leading to $1.95 or $1.90, and a midterm outlook indicating a possible correction to the $1.4-$1.6 area if the $2 level is not held.
Trustworthiness
MedThe analysis is based on technical chart patterns and support/resistance levels from a reputable crypto news source, offering a plausible but speculative outlook.
Price Direction
BearishAll timeframes discussed (hourly, daily, midterm) point towards potential downward pressure. the breaking of key support levels ($1.9894, $1.9950, and crucially $2) would confirm a bearish trend and could lead to substantial price depreciation.
Time Effect
ShortThe immediate breakdown of hourly and daily support levels is expected to have a short-term price effect. however, the midterm analysis also suggests a longer-term correction if the $2 weekly close is not maintained.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The rates of most of the coins are falling today, according to CoinStats . Advertisement XRP chart by CoinStats XRP/USD The price of XRP has declined by 0.17% over the last 24 hours. Image by TradingView On the hourly chart, the rate of XRP might have set a local support of $1.9894. If a bounce back does not happen and the daily candle closes around that mark, there is a high chance to see a further downward move to the $1.95 mark. Image by TradingView On the hourly chart, the price of XRP is about to break the support of $1.9950. You Might Also Like Sat, 12/06/2025 - 15:11 DOGE Price Analysis for December 6 By Denys Serhiichuk If it happens, the accumulated energy might be enough for a more profound decline to the $1.90 range. Image by TradingView From the midterm point of view, there are no reversal signals so far. In this regard, one should focus on the nearest zone of $2. If the weekly bar closes below it, traders may see a further correction to the $1.4-$1.6 area. XRP is trading at $1.9985 at press time. #XRP Price Prediction