As Ripple price recently touched the $0.59 support, we now expect the price to rally to $0.64 to continue the current sideways phase. After the price reaches the $0.64 resistance, we anticipate a fresh drop to the $0.59 support. However, it is also possible that the price will break the $0.64 resistance. If that happens, the price could rally to around $0.71 in the next few days. That's where the next resistance is. However, we consider this scenario to be rather unrealistic, which is why we are not assuming it.
The Ripple course against Bitcoin has broken out of the sideways phase between 1745 satoshis and 2065 satoshis in a bearish manner in the last few weeks . Now the course seems to experience a trend reversal. With the help of these, the price could confirm the breakout from the sideways phase by rallying to the former support. Thus, the Ripple course could outperform the Bitcoin course in the near future, which is why an investment in Ripple could be more worthwhile.
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