Ripple Price Analysis: XRP Poised For Next Bullish Break Above $0.40

Key HighlightsRipple price is currently consolidating gains below the key $0.3900-0.4000 resistance against the US dollar.
There is a key breakout pattern forming with resistance near $0.3840 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair remains well supported on dips near the $0.3600 and $0.3410 levels.Ripple price is likely preparing for the next bullish break against the US Dollar and Bitcoin. XRP/USD could surge towards $0.4500 once there is a close above $0.400