XRP Price: Time to Buy, Sell, or HODL Near Critical Support?
Tech XRP Price: Time to Buy, Sell, or HODL Near Critical Support?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 upper side of the pattern. The XRP price is still holding above the blue moving average, which is acting as short-term support. Resistance remains near the red moving average between $1.40 and $1.4199. A clear move above that region could shift attention back to the triangle top near $1.4525.