Ripple's price is finally showing some exciting bullish momentum against both USDT and BTC pairs, breaking through significant resistance levels. But hold your horses, there's still more ground to cover.
Against USDT, Ripple has been on a rollercoaster, bouncing back from the $0.5 support level. It recently broke above the 200-day moving average, sitting around $0.55, and smashed through the critical $0.66 mark. Now, it's eyeing that tantalizing $0.7 resistance zone. But don't pop the champagne just yet—the RSI is creeping into the overbought region, which might hint at a potential pullback soon.
On the XRP/BTC front, the price has been dancing around in a bullish flag pattern since it broke above the 800 SAT resistance level, which has now turned into support. The upper boundary of this bullish flag is on the brink of breaking upwards, potentially sending the market soaring towards the 1200 SAT resistance level in the coming weeks.
So, while Ripple is showing some promising signs, keep an eye out for those caution signals and get ready for an exhilarating ride!
