Ripple Price Prediction: XRP/USD Trades at the Downside; Price Down to $0.498 Support ByAzeez MustaphaPRO INVESTOR Updated: 21 December 2020 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage XRP Price Prediction – December 21 XRP/USD is seen trading below the moving averages as the technical indicator RSI (14) moves below the 50-level. XRP/USD Market Key Levels: Resistance levels: $0.650, $0.700, $0.750 Support levels: $0.400, $0.350, $0.300 XRPUSD – Daily Chart XRP/USD is following the downward movement as it is slowly declining below the key supports. The coin might revisit the $0.500 support before it could start a new increase. After struggling to stay above $0.570, Ripple (XRP) started a slow and steady decline as the coin is now trading below the 9-day and 21-day moving averages to move into a short term bearish zone. Where is XRP Price Going Next? However, the pair is currently exchanging hands at $0.521 and any attempt to make it cross below the lower boundary of the channel may likely open the doors for more downsides and the price could spike below the $0.450 support level. However, traders should keep an eye on the $0.600 before creating a new bullish trend at the resistance levels of $0.650, $0.700, and $0.750. More so, traders may experience a quick buy once the trade reaches the support at $0.450. And if the price fails to rebound, then a bearish breakout is likely to trigger more selling opportunities for traders, which might cause the price to retest $0.400 and could further drop to $0.350 and $0.300 support levels as the RSI (14) crosses below the 50-level. When compares with BTC, the Ripple (XRP) is moving on the downside within the descending channel. If the selling pressure persists, the Ripple price variation may likely bring a new low. At the moment, the technical indicator RSI (14) is moving below 40-level; more negative moves may come to play in the market as the pair moves under the 9-day and 21-day moving averages. XRPBTC – Daily Chart However, traders may expect close support below the moving averages at the 2100 SAT before breaking to 1650 SAT and below. Meanwhile, if a bullish movement occurs and pushes the coin above the moving averages; traders can then confirm a bull-run for the market and the nearest resistance levels lie at 2750 SAT and above. Join Our Telegram channel to stay up to date on breaking news coverage