#xrp Price Analysis
On December 26, #xrp (XRP) closed below the 20-day EMA ($2.23), suggesting it may test the support line.
The XRP/USDT currency pair is expected to oscillate between the support and resistance lines of a symmetrical triangle for some time. The 20-day EMA remains flat, and the RSI is also maintaining near the midpoint, failing to provide a clear advantage for either bulls or bears.
Once the price breaks above or below the triangle range, it may initiate a new trend. If it breaks the resistance line, XRP/USDT could rise to $2.91; whereas breaking below the support line could indicate that the currency pair has peaked in the short term, and the price may drop to $1.62.