As the final month of 2022 gets underway, XRP is still among the top ten largest digital assets in the crypto industry by market capitalisation, despite the aftershocks caused by the collapse of what used to be one of the largest crypto exchanges in the world – FTX.
Currently, XRP is predicted to increase its value by the end of the year, as per PricePredictions’ machine-based algorithms taking into account technical indicators like the relative strength index (RSI), moving average convergence divergence (MACD), moving average (MA), average true range (ATR), and Bollinger Bands (BB).
According to this data, the market’s seventh biggest decentralized finance (DeFi) asset is set to trade at the price of $0.427 on December 31, 2022, which represents an increase of 8.73% compared to its price of $0.3924, as recorded at press time.
(by Ana Nicenko)
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