Ripple’s price has been experiencing a significant uptrend over recent weeks, despite a flash crash a couple of weeks ago. For the bullish trend to continue, a key resistance range must be surpassed.
**The USDT Paired Chart**
Against USDT, the cryptocurrency recently experienced a sharp decline to the $2 support level but quickly rebounded. Currently, the price is set to test the $3 resistance zone. If a breakout occurs, a rally towards $4 could be anticipated in the coming weeks. Alternatively, a rejection might cause the market to fall back to the $2 area or lower.
**The BTC Paired Chart**
The daily chart for the XRP/BTC pair presents a more positive outlook, with the market nearing a breakthrough of the critical resistance level at 2,800 SAT. The RSI indicates momentum is favoring a bullish move. Breaking above the 2800 SAT zone could lead to a price increase towards the 4,000 SAT area, signaling a significant move for XRP.
Stay updated on all things Ripple by following us on Twitter!