XRP Breaks Below Yearly Support as New Addresses Spike to 4,600
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Technical Breakdown: XRP has fallen below a key yearly support level on the weekly chart, dipping into the $1.80 to $1.90 range, which raises short-term selling pressure and the risk of increased volatility.
- Surge in New Addresses: Despite the price decline, the number of new XRP addresses spiked to approximately 4,600 at the end of December, marking the highest daily level in about a month, indicating an increase in network participants that could support long-term adoption.
- Market Sentiment Divergence: The technical chart shows downward pressure, while the growth in on-chain activity suggests new users are accumulating during uncertain times, creating a mixed sentiment that is fragile in the short term but potentially bullish in the long run.
- Future Watchpoints: Market participants are closely monitoring whether XRP can reclaim its yearly support level or establish a new base slightly below it, with sustained growth in new addresses suggesting that the recent price dip may not deter user interest.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






