Ali Martinez (@ali_charts), a prominent crypto analyst on X, recently shared a Glassnode cost basis distribution heatmap for XRP. The chart indicates where supply moved on-chain, highlighting price levels in which large amounts of XRP are held . These zones often act as friction points during rallies and pullbacks. Martinez summarized the data, stating that it highlights resistance at $2.17 and support at $1.96 and $1.78. Data from @glassnode highlights three key levels for $XRP : • $2.17 resistance • $1.96 and $1.78 support pic.twitter.com/WGxHPAVsv5 — Ali (@alicharts) December 12, 2025 What the Cost Basis Data Shows The heatmap displays dense supply bands layered across XRP’s recent range. The most concentrated cluster sits near $2.17. This level marks an area where a large share of tokens last changed hands . Traders who entered there may look to exit if the price returns, adding sell pressure. That makes $2.17 a clear ceiling unless demand overwhelms supply. Below the current price of $2.03, two major accumulation zones stand out. The first sits near $1.96. XRP has rebounded from this level multiple times in 2025. If XRP revisits this area, buyers who defended it before may step in again. The second zone at $1.78 reflects older accumulation. It represents deeper support where long-term holders built positions during earlier consolidation . Martinez did not project targets or timelines. He focused strictly on the levels identified by Glassnode’s data. The structure itself, however, offers insight into how XRP could behave as volatility returns. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 How These Levels Shape Near-Term Price Action If XRP pushes toward $2.17, the reaction there matters more than the move itself. A sharp rejection would confirm that sellers remain active at that level. That outcome would likely send the price back toward $1.96 for another test. Repeated tests weaken support, especially if volume fades. However, a clean break above $2.17 would signal absorption of supply. That scenario suggests stronger hands are willing to buy through resistance. A well-respected analyst recently highlighted $2.73 as a next short-term target , and a breakout could send XRP there. Once that overhead supply clears, the price often moves faster due to thinner resistance above. On the downside, failure to hold $1.96 shifts focus to $1.78. That level carries more weight because of the size and age of the accumulated supply. A strong bounce there would reinforce it as a structural floor. A decisive break would suggest that holders from earlier cycles have begun to exit. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Glassnode Presents Three XRP Key Levels for Traders appeared first on Times Tabloid .
