XRP Price Analysis for December 9
Analysis
Price Impact
MedThe analysis suggests a potential for upward movement if xrp breaks key resistance levels at $2.0827 and $2.1130, potentially leading to moves towards $2.15 or $2.20.
Trustworthiness
MedThe analysis is based on technical chart patterns and identified resistance levels, which are standard but subject to market volatility and sentiment shifts.
Price Direction
BullishOn hourly and longer time frames, xrp shows bullish potential if it successfully breaks above the specified resistance levels. the midterm view is neutral, indicating no sharp moves without a clear initiative from either side.
Time Effect
ShortThe analysis focuses on immediate breakouts relevant for the short term, with the scenario being relevant 'all week'.
Original Article:
Article Content:
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 crypto market is slightly changing to red, according to CoinStats . Advertisement XRP chart by CoinStats XRP/USD The price of XRP has declined by 0.64% over the past day. Image by TradingView On the hourly chart, the rate of XRP is going up after a breakout of the local resistance of $2.0827. If the daily bar closes above that mark, there is a high chance of seeing a test of the $2.15 area shortly. Image by TradingView On the longer time frame, the situation is also bullish. If a breakout of the $2.1130 level happens, the accumulted energy might be enough for a further upward move to the $2.20 range. You Might Also Like Mon, 12/08/2025 - 15:57 Bitcoin (BTC) Price Analysis for December 8 By Denys Serhiichuk This scenario is relevant all week. Image by TradingView From the midterm point of view, the picture is neutral, as the rate if far from key levels. As none of the sides has seized the initiative, traders are unlikely to see sharp moves soon. XRP is trading at $2.1167 at press time. #XRP Price Analysis