Preheat the oven to 375°F (190°C) and line a large baking sheet with parchment paper.

In a mixing bowl, combine cream cheese, ranch dressing, and hot sauce. Blend on medium speed for 2 minutes until smooth.

Gently fold in shredded chicken and crumbled blue cheese into the mixture until well combined.

Separate the crescent roll dough into 16 triangles and arrange them in a circular pattern on the baking sheet.

Spoon the chicken filling onto the short ends of the dough triangles, leaving space at the tips.

Fold the pointed ends of the triangles over the filling and tuck them underneath the ring.

Bake for approximately 20 minutes until golden brown and flaky. Keep an eye on it to avoid overbaking.

Allow the ring to cool for 15 minutes before slicing. Serve warm with additional hot sauce and ranch dressing.