Ripple Price Analysis
Ripple’s price has been on a wild run in recent weeks, bouncing back from the $0.5 range in October. Although a pullback may be on the horizon, the price is expected to face minimal resistance before reaching the $0.9 level.
USDT Paired Chart
Against USDT, Ripple’s price has broken above the $0.6 level and has been steadily climbing. The 50-day and 200-day moving averages recently crossed bullishly, signaling a potential climb towards the $0.9 resistance area.
BTC Paired Chart
Looking at the BTC pair, Ripple’s price has also broken above the 1800 SAT level and the 200-day moving average. Additionally, it retested the 200-day moving average and held above it, indicating a potential push towards the 2200 SAT resistance zone in the coming days.
The Relative Strength Index also shows values above 50%, further supporting a bullish continuation at this time.
Technical Analysis
By TradingRage
Hot Take: XRP Price Forecast
Ripple’s price is poised for further gains as it faces minimal resistance before reaching the $0.9 level. With bullish signals on both USDT and BTC paired charts, a potential push towards higher resistance zones is likely in the near future.
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