The crypto market is slightly changing to red, according to CoinStats.
XRP chart by CoinStatsXRP/USD
The price of XRP has declined by 0.64% over the past day.
Image by TradingViewOn 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 TradingViewOn 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.
This scenario is relevant all week.
Image by TradingViewFrom 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.
Source: https://u.today/xrp-price-analysis-for-december-9
