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The market remains mainly bullish today, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-december-7" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1518.png" data-entity-uuid="47dcad90-cc06-44fe-8c4a-d98573b8a912" data-entity-type="file" data-caption="Top coins by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>&amp;nbsp;">
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The price of XRP has gone up by 4.65% since yesterday. <img src="https://u.today/sites/default/files/inline-images/xrp1_208.png" data-entity-uuid="a8850bbc-ea32-427c-a80c-33e05ab0d19e" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
On the hourly chart, the rate of XRP is accumulating energy for a further move. As neither side is dominating, ongoing sideways trading in the narrow range of $2.54-$2.60 is the more likely scenario. <img src="https://u.today/sites/default/files/inline-images/xrp2_205.png" data-entity-uuid="8c9043de-b384-4de7-a99f-98352985da8f" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
On the daily time frame, the price is far from the main levels. In this case, any sharp ups or downs are unlikely to happen soon.
In this regard, traders may expect consolidation in the zone of $2.4-$2.7 for the next few days. <img src="https://u.today/sites/default/files/inline-images/xrp3_200.png" data-entity-uuid="d5908369-bb6b-477b-bf0c-ef1e204d1f64" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
From the midterm point of view, one should focus on the weekly candle closure in terms of its peak. If it happens with a long wick, sellers may locally seize the initiative, which may lead to a decline to the $2 area.
XRP is trading at $2.5523 at press time. <a href="https://u.today/xrp-price-prediction-for-december-8" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

XRP Price Prediction for December 8

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