As reported by CryptoPotato, the price of Ripple has not shown a clear upward or downward trend. Both the USDT and BTC pairs are in a consolidation phase, but the situation may be about to change. It is worth noting that the price of XRP has risen by about 8% in the past seven days, and it is worth exploring whether the bull market is returning. Technical analysis from TradingRage shows that the USDT pairing chart has been fluctuating around the $0.6 support level on the daily time frame. The 200-day moving average is located near $0.57 and has recently pushed the price higher again. If the moving average holds, the price may rise to $0.7 in the coming weeks. Breaking through the $0.7 resistance zone may eventually start a new bull market for XRP. Looking at the daily chart of the XRP/BTC pair, the price is still falling. The market is currently consolidating around the 800 SAT support area. If this level holds, XRP may finally break the long-term bear trend line. This possible breakout may be the first sign of a new bull market phase for XRP. However, it is unclear whether this will materialize in the coming weeks as the market is still consolidating.