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ETH and XRP Price Analysis for December 19

Mon, 19/12/2022 - 15:47
ETH and XRP Price Analysis for December 19
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Bulls could not hold the initiative as the majority of the coins have come back to the red zone.


Top coins by CoinMarketCap


Ethereum (ETH) is the exception to the rule, going up by 0.56% over the last 24 hours.

ETH/USD chart by TradingView

The price of Ethereum (ETH) is almost unchanged since yesterday, which means that none of the sides has accumulated enough power for a sharp move.

DOGE Price Analysis for December 18

Further growth is possible only if the rate fixes above the vital $1,200 zone.

Ethereum is trading at $1,183 at press time.


XRP could not keep up with the rise of XRP, falling by 2.48%.

XRP/USD chart by TradingView

XRP is about to fix below the interim support level at $0.3435 against the increased selling volume. If nothing changes by the end of the day, the accumulated energy might be enough for a sharp decline to the $0.33 zone. Such a scenario is relevant until the end of the month.

XRP is trading at $0.3426 at press time.


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