Ripple Price Analysis: XRP/USD Facing Uphill Task Near $0.40

Key HighlightsRipple price fell sharply, traded below the $0.3500 support area, and later recovered against the US dollar.
There is a major bearish trend line in place with resistance at $0.3750 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is likely to struggle to clear the $0.3900 and $0.4000 resistance levels in the near term.Ripple price is under heavy selling pressure against the US Dollar and Bitcoin. XRP/USD must break the $0.3750 and $0.3900 resistances to r