Ripple is looking increasingly bullish and is now testing around the $0.7000 level and posting double-digit gains on Tuesday alongside other top altcoins. The XRPUSD pair could be preparing to rally towards the $0.8000 level this week before a pullback takes place. Traders should be aware that a rally towards the $0.8000 level would then help the XRPUSD pair reach key trendline resistance.
The XRPUSD pair is only bullish while trading above the 0.6500 level, key resistance is found at the 0.7800 and the 0.8000 levels.
If the XRPUSD pair trades below the 0.6500 level, sellers may test the 0.6200 and 0.5800 levels.
