Ripple Price Analysis: Warning Signs Emerge for XRP After 40% Weekly Surge

Ripple’s price is on the verge of making a new record high, as the asset has been rallying consistently over the past few months on both the USDT and BTC pairs.By Edris Derakhshi (TradingRage)The USDT Paired ChartThe XRP/USDT chart shows that the third-largest cryptocurrency has been consolidating since the beginning of December 2024.However, over the past few days, the market has gained a significant bullish momentum, rising rapidly toward the $3 level and even breaking it to the upside. While a new all-time high is within reach now, the RSI’s overbought signal should be considered, as it could cause a short-term correction.The BTC Paired ChartThe daily timeframe of the Bitcoin-paired chart shows a similar picture to that of the USDT-paired one. The market is now trending higher after a rather lengthy period of consolidation below the 2800 SAT level.As things stand, Ripple is outperforming Bitcoin and could continue to do so. However, like the XRP/USDT chart, a clear RSI overbought signal hints at a potential pullback in the near future.