Expert sets XRP's decisive support level to watch

The news is technically bullish only while XRP/USD holds the $1.35 area, but it is not a new fundamental catalyst. The level represents a large historical concentration of trading activity—approximately 2.29 billion XRP—and could attract dip-buying or defensive positioning if price remains above it.

A confirmed hold above $1.35 followed by recovery through $1.38 would improve the short-term risk-reward profile for a retest of the $1.60 and $1.68 resistance zones. Those areas also contain substantial historical volume, so any rebound could encounter renewed profit-taking rather than develop into a straight-line advance.

The bearish risk is more significant if $1.35 fails decisively. That would invalidate the immediate demand-zone thesis, potentially turn former support into resistance, and increase the probability of a deeper retracement. The risk is amplified by reported whale distribution of roughly 90 million XRP and a sharp decline in daily active addresses, suggesting that selling pressure has not been fully offset by renewed network participation.

The broader technical backdrop is mixed: XRP remains above its reported 50-day and 200-day moving averages, preserving the medium-term uptrend, while an RSI near 52.9 indicates neither overbought momentum nor a strongly oversold rebound setup. This leaves XRP particularly sensitive to Bitcoin direction, overall crypto risk appetite, and volume confirmation around $1.35–$1.38.

Trader focus:

monitor whether support holds on materially higher volume, whether whale selling continues, and whether network activity recovers. Without those confirmations, a move above $1.38 could represent only a technical bounce; a sustained break below $1.35 would shift the near-term bias from consolidation/recovery toward downside continuation.