Ripple’s price shows a readiness to rally higher on both the USDT and BTC pairs. However, several significant levels need to be surpassed. By TradingRage
## The USDT Paired Chart
On the daily timeframe of the USDT pair, the price broke above the 200-day moving average (around the $0.55 mark) yesterday, following a rapid rebound from the $0.5 level. Nevertheless, the $0.6 resistance zone is restricting further upward movement. Meanwhile, the RSI has risen above the 50% threshold, indicating a shift towards bullish market momentum. If the price remains above the 200-day moving average, a rally above $0.6 could be anticipated in the short term.
## The BTC Paired Chart
On the BTC paired chart, the market similarly rose above the 200-day moving average, which is currently around the 850 SAT mark. Recent bullish price action has seen the key 800 SAT level surpassed. Consequently, the price is likely to rise towards the 1200 SAT area in the coming weeks, with XRP appearing poised to start a bullish trend against BTC.
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