XRP: Price Action Points to Breakout or Consolidation – What Traders Need to Know

XRP is currently perched at a critical juncture in its price chart. After trading tightly within a descending channel for months, recent price action suggests the possibility of a breakout. However, traders must be cautious and pay close attention to signals that validate any significant move. This article breaks down the chart structure, key levels, and broader market context influencing XRP’s next move.