XRP Price: Time to Buy, Sell, or HODL Near Critical Support?
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XRP trading around $1.39, down 2.19% 24h and stuck in a tight $1.38–$1.42 range as it tests the lower support of a multi-month descending triangle (key support ~$1.38). Glassnode shows new XRP addresses have dropped ~85% from Dec 2024 levels, indicating weaker on-chain activity and slowed adoption for the token. Binance spot markets have net-sold over $35M in XRP recently, creating CEX selling pressure that compounds the bearish technical and on-chain signals.
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- XRP tests $1.38 support as a descending triangle keeps price action tightly compressed.
- Glassnode data shows new XRP addresses dropped 85% from December 2024 network levels now.
- Binance spot markets net-sold over $35M in XRP as buyers absorbed heavy pressure lately.
Market attention has shifted to XRP as the token trades near a key technical zone after failing to clear its upper trendline. XRP remains close to support as on-chain data shows weaker network activity compared with late 2024 levels.
As of press time, XRP is trading around $1.39 and down by 2.19% over the past 24 hours and remains inside a tight $1.38 to $1.42 range. The token is now testing the lower support line of a multi-month descending triangle on the 2-hour chart.
XRP Price Tests $1.38 Support
The support area sits near $1.38. XRP moved into this zone after it failed to break above the uppe…
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