XRP Stalls at $1.35 as Traders Eye Fresh Breakout Opportunity

XRP's price remains steady at $1.35 after failing to sustain gains above $1.4320, as traders assess whether the consolidation phase could precede another breakout attempt.

The token declined under $1.4050 and $1.40, breaking below the 23.6% Fibonacci retracement of the move from the $1.2702 swing low to the $1.4329 high. Kraken data shows a contracting triangle forming on the hourly XRP/USD chart with resistance near $1.4080.

Bulls remain active above $1.3650, keeping the price above $1.370 and the 100-hourly simple moving average.