The XRP price has broken through the $0.40 barrier, thanks to a sharp surge that has outpaced an upbeat cryptocurrency market.

New 2019 high

The third-largest digital currency started the Tuesday session strongly, with its price surging over 20% to move within striking distance of the $0.40 level. The coin managed to top that mark in the early afternoon trading, but its initial spell above $0.40 was a brief one. The rest of the session was market by several price swings, but eventually, the coin managed to score its first close above $0.40 since December 24. The coin finished the day at $0.409, well above its opening price of $0.325.

XRP’s advance continued during the opening hours of today’s trading, allowing the coin to solidify its position above $0.40. The token rose to as high as $0.440 during that run, which was its highest price level since December 24. While the coin has pulled back to lower levels in subsequent trading, it has remained comfortably above the $0.40 mark. At the time of writing, the XRP price was…

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Source: https://thebitcoinnews.com/xrp-sets-new-2019-high-above-0-40-on-wednesday-morning/