Expert sets XRP’s decisive support level to watch
A cryptocurrency trading expert has identified a key XRP support level to watch as the asset continues to hold above $1.35 amid its recent rally. After falling about 20% from $1.70 to $1.35, market analyst Ali Martinez has identified $1.35 as the most important level for traders to monitor as XRP attempts to stabilize following its recent pullback. According to on-chain data shared by Martinez in an X post on September 12, XRP has found critical support around $1.35, where approximately 2.29 billion tokens previously changed hands. The analyst noted that the level remains decisive for the asset’s near-term direction following a period of heavy profit-taking and weakening network participation. The correction has coincided with whale selling activity. Data from Santiment shows large holders sold or redistributed roughly 90 million XRP over the past week, contributing to downward pressure on the cryptocurrency. 2/5 Over the past three weeks, $XRP has corr...