XRP's Critical Juncture: Key Levels to Watch for Next Move

XRP's recent correction from its local high has brought it to a critical juncture, according to market analyst Ali Martinez.

A rally of 71.8% took XRP from $0.988 to $1.698 before a pullback tested the major demand zone between $1.35 and $1.38.

Glassnode's UTXO Realized Price Distribution (URPD) data shows approximately 3.2 billion XRP were previously traded within this range, making it one of the asset's most significant support areas.

The concentration of trading activity around this level suggests many holders accumulated XRP in the zone, potentially creating strong buying interest if the cryptocurrency remains above it.