Ripple’s price has been consolidating for months, with Bitcoin reaching new highs. In the USDT chart, Ripple’s price oscillated around the 200-day moving average, failing to break through the $0.6-$0.5 range. However, with Bitcoin’s new record high, XRP may rise to at least $0.7. In the BTC paired chart, Ripple has been depreciating against Bitcoin over the last year, and a decline toward the 600 SAT level seems imminent.
If this level is held, it could reverse Ripple’s price against both BTC and USDT.
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