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Bears have turned out to be more powerful than bulls today, according to <a href="https://u.today/shib-price-prediction-for-december-17" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1538.png" data-entity-uuid="89727117-95c8-4811-9634-bf8090cd1d68" data-entity-type="file" data-caption="XRP chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The rate of XRP has declined by 7% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/xrp1_212.png" data-entity-uuid="6fe70397-b3ad-4f77-950a-5b8e22064993" 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 price of XRP is in the middle of the local channel, between the support of $2.4683 and the resistance of $2.5921. If the daily bar closes around the current prices, there are low chances of seeing any sharp moves soon. <img src="https://u.today/sites/default/files/inline-images/xrp2_209.png" data-entity-uuid="9440939e-bc4f-4749-a808-5fcad746338c" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/XRPUSDT&quot;>TradingView</a>">
On the bigger time frame, the situation is quite similar. The rate of XRP is trading within yesterday's bar, which means neither buyers nor sellers have seized the initiative yet. In this case, sideways trading in the area of $2.40-$2.70 is the more likely scenario. <img src="https://u.today/sites/default/files/inline-images/xrp3_204.png" data-entity-uuid="f5275274-6e87-4487-aa6d-aa210f1c4837" 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, traders are unlikely to witness sharp ups or downs shortly. Thus, the volume has declined, confirming the absence of buyers' or sellers' energy.
All in all, one can expect consolidation in the range of $2.30-$2.80 by the end of the month.
XRP is trading at $2.54 at press time. <a href="https://u.today/xrp-price-prediction-for-december-18" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

XRP Price Prediction for December 18

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