XRP Network Activity Jumps 67% In 24 Hours – Big Move Ahead?
23 Aprile 2025 - 5:00AM
NEWSBTC
XRP has emerged as one of the most resilient performers in the
crypto space over recent months, showing relative strength even as
broader market conditions remain shaky. After climbing steadily,
XRP is now facing a critical test near the $2.10–$2.20 resistance
zone — a level that could determine the asset’s next major move.
Despite this hurdle, recent data points to strong underlying
network activity that supports the bullish case. Related Reading:
Solana Short-Term Indicator Signals Potential Risk – Reversal Or
Pause? According to Glassnode, XRP network activity surged 67.50%
in recent days, with the number of active addresses jumping from
27,352 to 40,366. This spike in activity suggests growing interest
and participation on-chain, a key indicator often associated with
sustained momentum. As investors closely monitor the broader
market’s reaction to macroeconomic events, XRP stands out as a
token that continues to draw attention based on both price
performance and blockchain engagement. With bulls attempting to
break through resistance, the coming days will be crucial for XRP’s
trajectory. A successful breakout could ignite a fresh rally, while
a rejection may invite short-term consolidation. Either way, XRP’s
rising on-chain metrics indicate the asset remains firmly on
investors’ radar. XRP Market Eyes Breakout As Active Addresses
Surge XRP bulls are holding strong as the market braces for its
next major move. After staying consistently above the $1.80 level,
XRP now appears well-positioned to continue its upward momentum.
Analysts are becoming increasingly optimistic, especially as the
broader macroeconomic environment hints at eventual easing. Once
tensions between global superpowers begin to cool and markets gain
clarity, many believe a large surge across crypto assets, led by
XRP, could follow. While sentiment grows more positive, some
analysts warn of another leg down before a true breakout occurs.
They suggest the market may need to establish a stronger demand
base by dipping below current lows to shake out weak hands. This
view contrasts with the more bullish narrative, but both sides
agree: a major move is brewing. Adding to the bullish thesis,
crypto analyst Ali Martinez shared key data from Glassnode showing
a significant uptick in XRP network activity. Over the past few
days, active addresses on the XRP Ledger jumped 67.50%, rising from
27,352 to 40,366. This spike signals heightened user engagement and
increasing on-chain demand — often a precursor to notable price
movement. With network activity accelerating and price structure
holding firm, XRP may be nearing a critical inflection point.
Related Reading: Ethereum Analyst Sets $3,000 Target As Price
Action Signals Momentum – Details Price Faces Key Technical Test:
Can Bulls Defend $2 Level? XRP is currently trading at $2.10,
showing resilience near a critical support zone. However, a
technical warning is flashing on the chart. The 200-day exponential
moving average (EMA) is on the verge of crossing below the 200-day
simple moving average (SMA), a pattern that often signals weakening
bullish momentum or potential market fatigue. This development
places added pressure on bulls to defend the $1.95 support level. A
breakdown below this point could lead to further downside and reset
market sentiment. For now, holding above this zone remains crucial
to maintain short-term bullish structure and avoid a larger
retracement. On the upside, a decisive breakout above the $2.25
level would confirm renewed buying interest and mark the beginning
of a recovery rally. Such a move could take XRP toward the upper
boundary of its current range and reignite momentum across the
broader altcoin market. Related Reading: Ethereum Enters Historic
Buy Zone As Price Dips Below Key Level – Insights As XRP navigates
this pivotal moment, traders are watching closely to see whether
bulls can sustain the rally or if a deeper consolidation phase is
coming. With network activity rising and investor interest holding
strong, this price zone could determine the next major direction
for XRP. Featured image from Dall-E, chart from TradingView
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