XRP Breakout Faces a Critical $1.34 Test

XRP is above the descending channel, but it needs five upward waves and a run past $1.34 to confirm the move. Support at $1.24 and $1.21 will be key in determining if the pullback will keep the recovery going or if it will stall. The latest Ledger amendment strengthens token permissions and AMM operations, adding technical improvements beyond XRP's market performance. XRP breakout momentum is developing after a prolonged correction, with traders watching $1.34 for confirmation as recent network changes improve ledger operations. Channel Breakout Leaves the Wave Count Unresolved More Crypto Online describes a breakout from XRP's descending channel.

Source: Crypto Front News