According to CryptoPotato, Ripple's price has been recovering recently, bringing optimism among market participants and XRP investors. Analyzing the XRP/USDT chart on a daily timeframe, the price has rebounded from the $0.4 support level with momentum. It has reclaimed $0.5 and the 200-day moving average, which is around the $0.55 mark. Currently, the market is testing the $0.6 resistance level. Although the price is gradually climbing above this level, the RSI is showing bearish divergence with recent price highs, indicating a potential short-term correction. This bearish divergence in the RSI could also explain why XRP's price dropped by approximately 6% in the past 24 hours.

In the BTC paired chart, XRP has reclaimed the 800 SAT level and is breaking above the 200-day moving average. If this trend continues, the market could rally towards the 1200 SAT resistance level in the short term. The Relative Strength Index, showing values above 50%, suggests that market momentum favors a bullish move higher for Ripple against Bitcoin.