Ripple price has been consolidating in a narrow range in recent days and has yet to give any clues about its future direction. 📉

- On the USDT chart, the price has experienced a major decline from the $0.65 level and has fallen below the 200-day moving average, which is $0.55.

- The market has been trading sideways below this level for the past week and has failed to move back up.

- The structure suggests that a drop to the $0.5 support level is likely in the short term. However, a recovery from this area is also possible.

The BTC chart is in a similar situation. The market, which has failed to break above the 1000 SAT level, is currently testing the 800 SAT support level and the 200-day moving average. If these levels are broken, a drop to the 650 SAT level can be expected in the coming weeks. However, a recovery from the 800 SAT region could trigger a rally to 1,200 SAT, but this scenario is less likely.

What do you think will be the future of XRP? Let's discuss in the comments! 💬🚀