Is XRP Safe? Price on Edge of Key Support
After its spectacular August comeback, XRP has reached a technically delicate point, and the price is currently right around one of the daily charts strongest support areas. Bulls have little fundamental momentum to work with, as XRP Ledger activity has drastically declined. Moving averages converge rapidly Right now, XRP is trading at about $1.35, which is almost precisely where its long-term moving average is located, at about $1.355. A concentrated support zone between $1.33 and $1.36 is effectively created by another shorter-term average that is near $1.34. This area needs to be held. XRP/USDT Chart by TradingView With a brief surge toward $1.70, XRPs August breakout propelled the asset from roughly $1.00 to above $1.50. But since then, the market has consistently failed to return to the $1.45–$1.50 range, instead forming lower local highs. Additionally, momentum is becoming more and more neutral. The daily RSI has dropped to about 51.7, which is lower than its signal average of about 58.2. Because XRP is neither oversold nor exhibiting strong bullish momentum, sellers have the opportunity to drive the asset lower in the event that support fails. Network activity adds another concern. Successful transactions decreased by 59.5% to approximately 970,200, while total XRP Ledger transactions fell by









