XRP Network Activity Surges with Active Addresses Near 39,500

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 22 hours ago

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Active Address Surge: XRP's daily active addresses have surged from approximately 23,000 on June 14 to nearly 39,500, indicating a rebound in user activity that could provide new liquidity signals despite price volatility.
Stable Price Range: XRP is currently trading around $1.05, with intraday fluctuations between $1.04 and $1.07, and while it remains below earlier recovery zones, the increase in active addresses injects fresh signals into the market.
Technical Signal Confirmation: The rebound in active addresses provides a clearer on-chain datapoint against the backdrop of two bullish reversal signals for XRP, although follow-through is necessary to ensure the sustainability of any rebound.
Market Participation Test: XRP's next test lies in whether stronger network participation can coincide with price action, as the current increase in active addresses needs to be sustained above current levels to bolster market confidence in XRP.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.852	0.931	1.007	1.085	1.161	1.24	1.316
Fibonacci	0.931	0.99	1.026	1.085	1.144	1.181	1.24

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

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.

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