Ripple's price is currently hovering near a crucial support region at the 200-day moving average and $0.41 price zone. A breach below this level could trigger a significant downturn towards the descending trendline. The daily chart shows that the price has arrived at a strong support area at the 200-day moving average of $0.41, which could lead to a consolidation phase.

However, if the price fails to hold above this support zone, it could trigger a bearish sentiment over the market. The 4-hour chart shows that Ripple's price has formed an ascending channel, but currently faces a crucial support level at $0.41.