Ripple’s XRP technical analysis: XRP/USD bulls flirting with $0.4000, penannt breakout eyed

• Ripple’s XRP price is trading with decent gains of around 3.50% in the second half of the session on Monday.  
• XRP/USD bulls have been flirting with and trying to regain the psychological $0.4000 mark.  
• Price action via the daily is moving within a bullish pennant pattern structure.  

Spot rate:                  0.3999

Relative change:       +3.55%

High:                         0.4027

Low:                          0.3803

XRP/USD 15-minute chart

• The bulls can be seen battling it out with the psychological $0.4000, buying pressure remains to the near-term view. A bullish flag structure can be observed via the 15-minute.  

XRP/USD daily chart

• Price action via the daily is moving within the confinements of a bullish pennant structure.