The forward was pleased with his side's win over Granada on Saturday and believes it will continue improving in the next few months.
The Santiago Bernabeu side beat Granada 2-0 on Saturday evening to temporarily go top of the Primera Division table ahead of Sunday's games, and Ronaldo is optimistic about his side's chances of winning silverware this campaign.
"We are playing well and we feel confident. We have to improve in some areas, but it was a great match," Ronaldo was quoted as saying on the official Madrid website. "The team looks good, and we are getting better all the time. Toward the end of the season I am convinced that things will keep getting better."
The Portugal international then went on to discuss the situation of Radamel Falcao and feels the Colombian striker's knee injury is disappointing for the sport in general.
"It is bad news for the world of football. Radamel is a friend and I am sad for him," Ronaldo said. "I am sure that things will go well for him. He has been operated on by [a] great Portuguese doctor, and I am sure that he will recover sooner."
Falcao went under the knife Saturday and is unlikely to be match fit in time for the 2014 World Cup.