XRP Price Analysis for December 20
Analysis
Price Impact
MedXrp gained 2.57% today, with technical analysis suggesting potential for a breakout towards the $2 zone if current resistance is overcome.
Trustworthiness
MedThe analysis is based on technical chart patterns (hourly, daily, weekly) and potential price levels, which are interpretations and not definitive news events. it includes a disclaimer.
Price Direction
BullishThe hourly chart shows a potential breakout above $1.9588 towards $2. on bigger time frames, the price is rising after a false breakout of $1.80 support, indicating an upward bias if the current momentum holds.
Time Effect
ShortThe analysis focuses on immediate hourly and daily candle closures for a potential short-term breakout to $2, while also acknowledging that accumulation for a further move could lead to short-term sideways trading.
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 rates of most of the coins are going up on Saturday, according to CoinStats . Advertisement XRP chart by CoinStats XRP/USD XRP has gained a lot of value today, going up by 2.57%. Image by TradingView On the hourly chart, the rate of XRP might have set a local resistance of $1.9588. However, if the daily bar closes near that mark, traders may see a level breakout, followed by further growth to the $2 zone. Image by TradingView On the bigger time frame, the price of XRP is going up after a false breakout of the support of $1.80. But one should focus on the candle closure. You Might Also Like Fri, 12/19/2025 - 15:09 Solana (SOL) Price Analysis for December 19 By Denys Serhiichuk If it happens far from the bar peak, traders might need more time to accumulate energy for a further move. In this regard, sideways trading in the range of $1.90-$2 is the more likely scenario. Image by TradingView From the midterm point of view, traders should pay attention to the nearest level of $1.8209. If the weekly bar closes far from it, there is a chance to see a bounce back to the $2 mark. XRP is trading at $1.9345 at press time. #XRP Price Analysis