XRP Price Holds $1.35 as Whale Selling Tests Key Support

XRP price traded near $1.36 on Sept. 12 after another volatile session. The token remained close to the $1.35 support zone despite briefly falling toward $1.32.

The latest correction has come alongside weaker network activity and reported selling from large holders. Meanwhile, U.S. spot XRP exchange-traded funds continued attracting intermittent inflows despite the weaker spot market.

Traders are now watching whether XRP can defend $1.35 and recover above nearby moving averages. A breakdown could put $1.30 in focus, while a recovery would bring the $1.45–$1.50 resistance zone back into play.

XRP Price Trend in the Last 7 Days

XRP has been under pressure in the past week, following a string of losses over the past three weeks. The token previously traded near $1.70 before falling toward $1.35.

That move represents a correction of roughly 20%, based on figures cited by analyst Ali Charts. The decline has pushed XRP toward the lower part of its recent trading range.

Price has repeatedly struggled around the $1.50 area, which has acted as resistance several times. That level has rejected XRP about five times on the daily chart.

At the same time, support sits near $1.30 and closely matches the six-month rolling VWAP. XRP is therefore trading between a clear support and resistance zone. This range leaves the market focused on two main levels where the buyers are defending the lower area, while sellers continue appearing closer to $1.50.

Ripple Whale Activity and On-Chain Data

The price decline has developed alongside a sharp drop in XRP network activity. Daily active addresses fell from 388,492 to 38,163. That equals a 90.18% reduction, according to Santiment data cited by Ali Charts.

Therefore, the decline in XRP crypto shows that fewer addresses were active during the correction. Whale activity has also changed during the same period. Large holders reportedly sold or redistributed around 90 million XRP over the past week.

That movement came while the price moved from higher levels toward the $1.35 support area. Profit-taking was cited as one factor behind the distribution.

However, the $1.35 zone has continued to attract attention because of earlier trading activity. Around 2.29 billion XRP previously changed hands near that level.

This makes the area a short-term price structure area. However, a failure to close below it may cause focus to turn to lower support and liquidity levels.

XRP ETF Flows and Liquidity Levels

ETFs enjoyed consistent demand despite the brief 4-day trading week. XRP ETFs reportedly absorbed more than 11 million tokens during that period.

Friday alone accounted for more than 3 million XRP, while Bitwise continued to lead the group. Those inflows occurred while the spot price remained under resistance.

Liquidity data also shows large pools above and below the current price. The main upside concentration sits between $1.72 and $1.85.

Meanwhile, a large downside cluster remains between $0.92 and $1.05. XRP is currently trading between these two major liquidity areas. The first upside barrier remains near $1.45 to $1.50. A move through that zone could place the higher liquidity area closer to price.

On the downside, losing the recent range lows could bring the $1.00 region back into focus. That area remains the main deeper liquidity target.

XRP Crypto Technical Analysis and Analyst Forecast

The 100-day EMA near $1.38 is now one of the closest technical levels above price. XRP would need to reclaim it to improve short-term momentum.

Ali Charts said XRP crypto could move toward $1.60 and possibly $1.68 if $1.35 holds. However, the forecast also requires the price to recover above $1.38.

A stronger technical shift would require XRP to clear the $1.50 resistance zone. That level has limited several previous recovery attempts.

If buyers reclaim $1.50, attention could move toward $1.70 and the liquidity zone above it. XRP crypto $1.80 area would then become another level to monitor.

However, a drop below $1.35 would make the current structure more vulnerable, and a break below $1.30 would bring downside pressure as lower liquidity is focused around $1.00.