Ripple price analysis: XRP slowly continues consolidation above $0.40, push higher incoming?

Ripple price analysis is bullish today as we expect another attempt to move higher from the $0.40 support. Therefore, XRP/USD should head back to the $0.44 local high and attempt to break through, which would be a signal that more upside is to follow next week.

Timeline of Xrp

Ripple to invest in carbon markets with a $100 million commitment that will help with the achieving of the climate goals so let's read more today in our latest ripple news. The blockchain company Ripple to invest $100 million to boost its carbon removal activities and aid in modernizing these markets with the help of

Ripple, the crypto solutions company shall commit $100M for the goal of carbon removal by investing in climate oriented fintech companies. The blockchain-based payments network has aimed to facilitate the acceleration of carbon removal technology in order to bring about modernization of the carbon markets.

XRP's price is twisting and turning by the day as new developments from the SEC vs Ripple case and market movements influence the controversial coin. A day ago, XRP was down by around 5%, but at press time, the sixth biggest crypto by market cap was trading at $0.4318 after rising by 5.30% in the past

[PRESS RELEASE – Please Read Disclaimer] Delio, one of the emerging companies in the digital asset market, announced its new services in Ripple (XRP). Delio introduced Ripple savings products earlier in March, and the number of deposits skyrocketed in two weeks, demonstrating the massive attention of long-term investors.

Ripple price analysis shows that the XRP/USD pair started a fresh increase after it found support near $0.4550. The price is now trading well above the $0.4850 resistance and the 100 simple moving average.

Ripple price analysis has turned bearish once again, as price dropped over 2 percent during the day's trade. The downtrend ended a promising spell over the weekend that took XRP as high as $0.47 on May 13, 2022.

Ripple admonished the Securities Exchange Commission with its harsh words, to block the documents important to the case. The U.S SEC vs Ripple is still resolving the revelation and verdict of former director Bill Hinman's Infamous Ethereum Speech. The Court had also revised the summary judgment over the last few sittings, to draw the conclusion …

The U.S SEC vs Ripple dispute has proven to be an important lawsuit for the Cryptocurrency world. As its verdict will eventually define and rectify the commission's outlook toward the digital assets.

Ripple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate Finance director. Suggested Reading | Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano?

Ripple price analysis is bullish today as we have seen a weak decline benign met with support at $0.40. From there, XRP/USD pushed higher, likely as bulls want to retrace even further from the previous several-day loss.