XRP drops below $1.30 despite high Ledger activity, which is interesting — Ledger is a settlement network used for cross-border transfers. This often indicates that large holders are repositioning rather than accumulating, as transaction volume increases while price declines.

Currently, XRP needs to recover above $1.40 to signal a strong rebound. Falling below $1.36 could lead to additional pressure. Traders are watching support and resistance levels, not just indicators.

In the broader market, caution remains as Bitcoin and major altcoins consolidate. Even technically strong networks face pressure in this environment.

Some new projects are preparing for presale, with infrastructure and audits drawing attention. But the key is analyzing which projects have real potential as the market moves. XRP remains a conservative bet, while some new projects with solid infrastructure could present interesting opportunities for risk-tolerant investors.