XRP Price At $0.40, Can It Hold Onto Its Bullish Revival?

At the time of writing, the XRP price noticed upward movement on its chart. After the asset consolidated for a few days, it finally travelled north. Over the last 24 hours, the XRP price registered a 6% appreciation. In the past week, the coin has rallied by over 20%. Buyers were attempting to push the price up, and they finally succeeded over the last 24 hours. XRP was stuck at the $0.38 price mark for a considerably long period of time, but buyers rescued the altcoin despite broader market weakness. Continued pressure from the buyers could make XRP move past its immediate resistance, which would make it invalidate its bearish thesis. On the other hand, if the bulls fail to defend the present price level, then the sellers will take over. If the sellers take over, then XRP could be pushed close to the $0.30 price mark. At the current moment, XRP rests in a crucial support zone. XRP Price Analysis: One Day Chart The altcoin was trading at $0.40 at the time of writing. The XRP price had witnessed weeks of consolidation on its chart. Finally, buyers pushed the price above the next resistance mark. Over the past week, XRP has broken past many resistance lines. The immediate price ceiling for the coin rests at $0.44 as the altcoin has had difficulty moving past that price level for multiple months now. On the flip side, the closest support to XRP was at $0.38, and a fall from that level would bring XRP to $0.30. If buyers remain st...