The price of Ripple (XRP) has been consolidating in recent weeks and has not reached a new all-time high. However, a bearish reversal is unlikely as long as a certain key level holds. The USDT paired chart shows that the price has failed to rally beyond the $3 resistance level and is currently moving sideways below it. Despite this, as long as the $2 support zone remains intact, investors can remain hopeful for a bullish continuation. The XRP/BTC chart reflects a similar pattern, with the price unable to surpass the 2800 SAT resistance level and quickly being rejected downward. However, the 2000 SAT support area has prevented a further decline, leaving a possibility for the market to continue higher in the short term. A breakdown of the 2000 SAT zone would eliminate the potential for a bullish continuation for a while.



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