📈 Ripple Price Analysis: Is XRP Preparing for a Strong Surge to $0.7?
- In the past few months, XRP's price has primarily fluctuated between $0.5 and $0.6, unable to break through the 200-day moving average.
- However, with Bitcoin reaching a new all-time high, there is a possibility that XRP will rise to at least $0.7 in the coming months.
- On the XRP/BTC chart, XRP has dropped significantly against Bitcoin over the past year. Currently, the 600 SAT level could be an important support point; if it holds, it may reverse Ripple's price trend. 🚀
Source: TradingView