As reported by CryptoPotato, the price of Ripple has not shown signs of recovery and is still in a bear trend overall. If the situation is to change, the price should start to recover soon as the market is at a critical area. According to technical analysis by TradingRage, the price of XRP paired with USDT has fallen sharply below the 200-day moving average, around the $0.6 level, and has not yet climbed higher. However, the $0.5 support area has stabilized the price and the market is consolidating above it. If the price breaks above the 200-day moving average, investors can expect the start of a bull trend. On the other hand, if the price falls below the $0.5 level, it may intensify the bear trend and the market may fall to lower values. When observing the daily timeframe for the BTC pairing, the price has been creating lower highs and lows since the beginning of 2024. However, the support area of ​​800 SAT has recently stabilized the cryptocurrency, preventing it from correcting further. The relative strength index also shows a value below 50%, but is recovering. If the RSI rises above 50%, the market may finally start to rebound and move back towards 1200 SAT.