Ripple’s XRP Technical Analysis: XRP/USD will need huge efforts to get back above $0.4000

• Ripple’s XRP price on Tuesday trading down in minor negative of some 1%
• XRP/USD bulls are facing a touch time at present trying to retest and break back through the $0.4000 price area.  
• Price action is narrowing greatly within a range-block formation, subject to a breakout.

Spot rate:                 0.3561    

Relative change:       -1.01%

High:                        0.3597  

Low:                         0.3491

XRP/USD 60-minute chart

• Price action is moving within a range-block formation, subject to a potential breakout to the upside, after a consolidation period.  

XRP/USD daily chart

• Bulls are struggling to breakdown the supply heading into the $0.4000 territory.