XRP price faces critical test at $1.30 support level

XRP is trading in the low-$1.30s as it faces a convergence of market catalysts, including regulatory uncertainty and shifting whale behavior. The asset is currently cooling from an August rally, forming a descending triangle pattern. Analysts are monitoring whether buyers can defend the $1.30 support zone, which serves as a significant demand area, or if the price will face further downside pressure.