EdaFace underwent a massive upswing, rising the entire crypto space beyond their respective multi-month resistance levelsThe bullish momentum prevailing within the space uplifted the XRP price close to the pivotal resistance at $0.4 and a clear breach beyond these levels may ignite a minor bull run soonThe crypto bulls are back with a bang as the global crypto market cap is an inch close to regaining levels beyond $1T. XRP price which was manifesting a sense of strength despite the bearish trap drag it to meet the lows below $0.3. However, the recent bullish divergence caused the price to rise significantly and mark the highs above $0.4 in a short while. While the bears are attempting to restrict the progress of the rally, the bulls appear to be poised to keep up the momentum until the price reaches $0.5. XRP Price Analysis – Short-Term (1D)Trading ViewXRP price has been bullish since the beginning of 2023 which was fueled by the rising market sentiments during the past weekendAfter a magnificent surge of more than 20% in the past week, the XRP bulls appear to have exhausted to some extent at the momentThe bears are attempting very hard to strengthen the bearish influence but the mounted bullish pressure may not allow doing soHowever, the XRP bulls are required to rise the price levels above the price zone marked in blue to avoid any rejections in the near futureA daily candle beyond $0.42 may certify the upcoming bullish trend, else a deep dive to $0.3 also appears prominentXRP Price Analysis-Long Term (1W)Trading ViewThe XRP price in the longer time frame has risen above the bearish pattern and tested one of the crucial resistance levels at $0.405Clearing the resistance of the descending triangle flashes extreme bullish signals that may elevate the price close to $0.5 However, a minor bearish action may be expected at these levels but a significant bullish reversal could also knock-in laterHowever, the monthly close of the XRP price is required to be beyond $0.6 may invalidate the bearish thesis On the contrary, a drop toward $0.32 may discard the bullish trajectory in case of a rejection which appears quite unlikely at the moment
