XRP Price Consolidates Near $1.40 as Breakout Looms

XRP's price has been consolidating near $1.40 after a significant breakout in late August that lifted it from around $1.00 to a spike near $1.70.

This move pushed XRP above its long-term downtrend and major moving averages, but the token remains capped by a major resistance zone.

A breakout from the current corrective pattern could determine whether the rally resumes or a deeper retracement unfolds, posing short-term technical risk for investors.