Ripple's XRP has experienced a surge in the past 24 hours, hinting at a potential increase in its value. Market sentiment has been positive since the Bitcoin Halving event, with a fresh uptick possibly pushing the price as high as $0.70, provided certain factors remain stable. Both whales and bulls will need to carefully consider their actions to support this rise, while short-term traders might introduce some selling pressure to capitalize on profits.

Currently, the next significant resistance level is identified at $0.600, which could be reached in two stages: $0.5650 and $0.5820. These levels have been newly defined following a notable trade above the 100-hourly Simple Moving Average (SMA). The 4-hour chart for the XRP/USD pair suggests the potential for a bullish trend in the near term.

While there may not be a direct correlation, a portion of the price increase in XRP has been attributed to the recent bull run in Dogecoin (DOGE). Dogecoin, being a meme coin, often reflects the overall sentiment in the crypto market. Once Ethereum has achieved its target of $3,800, Bitcoin is expected to lead XRP.

XRP could potentially reach $0.700 if it maintains a level above $0.3880, signaling a positive trend with resistance set at $0.450. Whales may shift towards accumulation rather than buying the dip, which could help maintain stability until the price reaches $0.50.

XRP is currently trading at $0.5464, with a slight decrease of 0.05% in the last 24 hours and a notable increase of 9.29% in the past 7 days. Although the market cap and 24-hour volume have slightly decreased, the XRP price prediction suggests a year-end target of $2.65, though achieving this may be challenging without reaching $2 by April.

Technical indicators show signs of bullish momentum, with the MACD and RSI indicating positive trends. Key support levels are identified at $0.540, $0.5150, and $0.4650, while resistance levels are at $0.5650, $0.5820, and $0.6200.

Looking back to July 2023, when XRP was priced at $0.80, it remains uncertain whether Ripple can replicate that performance on the chart. If it does reach that value, small investors may consider selling, leaving it up to whales and bulls to sustain the price.