Ripple's price is on a strong upward trajectory, possibly heading towards a new all-time high. The analysis explores the current technical indicators and market trends supporting this prediction.
Ripple's uptrend shows no signs of weakness, suggesting a potential new record high in the near future. On the USDT chart, the price has surged almost vertically since surpassing the 200-day moving average in early November. Despite breaking through several resistance levels, it's currently consolidating below the key $3 level. The $2 support zone has prevented a long-term correction, even after XRP dipped below that level last week.
With the RSI cooling down, a continued upward movement is likely. The XRP/BTC pair exhibits a similar pattern to the USDT chart. An aggressive uptrend began after breaking above the long-term bearish trendline, but the 2800 SAT resistance level proved difficult to overcome. However, as long as the 2000 SAT support area holds, higher prices for XRP against BTC are expected.
RIPPLE XRP CRYPTO PRICEPREDICTION UPTREND
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