bullish

<p>Ripple’s price demonstrates a willingness to rally higher on both the USDT and BTC pair.</p>
<p>Yet, there are still some significant levels the market should overcome.</p>
<p>By <a href="https://tradingrage.com/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">TradingRage</a></p>
<h2 id="the-usdt-paired-chart">The USDT Paired Chart</h2>
<p>On the USDT pair’s daily timeframe, the price broke above the 200-day moving average (located around the $0.55 mark) yesterday, following a swift rebound from the $0.5 level. Yet, the $0.6 resistance zone prevents the market from rallying higher.</p>
<p>Meanwhile, the RSI has risen above the 50% threshold, indicating a bullish market momentum shift. As a result, if the price keeps above the 200-day moving average, a rally above $0.6 could be expected in the short term.</p>
<p><a href="https://cryptopotato.com/wp-content/uploads/2024/09/XRPUSDT-Daily-Sep-13-2024-scaled.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></p>
<h2 id="the-btc-paired-chart">The BTC Paired Chart</h2>
<p>On the BTC paired chart, things seem quite similar, with the market rising above the 200-day moving average, currently located around the 850 SAT mark. The price action has been bullish recently, with the key 800 SAT level broken to the upside.</p>
<p>Therefore, the price will likely rise toward the 1200 SAT area in the coming weeks, as XRP looks set on beginning a bullish trend against BTC.<a href="https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-scaled.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="aligncenter size-full wp-image-359928" src="https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-scaled.jpg" alt="" width="2560" height="1307" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-scaled.jpg 2560w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-300x153.jpg 300w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-1024x523.jpg 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-768x392.jpg 768w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-1536x784.jpg 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-2048x1046.jpg 2048w, https://cryptopotato.com/wp-content/uploads/2024/09/XRPBTC-Daily-Sep-13-2024-50x26.jpg 50w" sizes="(max-width: 2560px) 100vw, 2560px"></a></p>
<p>The post <a href="https://cryptopotato.com/ripple-price-analysis-what-are-xrps-next-targets-after-gaining-7-daily/" rel="noopener noreferrer nofollow">Ripple Price Analysis: What Are XRP’s Next Targets After Gaining 7% Daily?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.</p>

Ripple Price Analysis: What Are XRP’s Next Targets After Gaining 7% Daily?

Table of Contents

CryptoPotato_News

Other articles published on Sep 13, 2024

Starknet Community Greenlights New Staking Mechanism for STRK Tokens

Bitcoin Miner Revenues Hit Yearly Low: August Sees 57% Drop From March Peak

Digital Euro Is Being Tested On XRP Private Ledger

Top Crypto Gainers Today Sep 13 – Nervos Network, Worldcoin, Compound, Iotex

Meme Coins to Watch Closely During These Intense Market Swings

SWIFT’s New Digital Asset Plans: Bridging Old and New Finance

Join our free newsletter for daily crypto updates!