XRP Trading Volume Surges Sevenfold in One Day

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

Should l Buy XRP?

Volume Surge: Data from the Bitrue exchange indicates that XRP's daily trading volume surged sevenfold in just 24 hours, reflecting a significant increase in investor interest and potentially signaling a shift in market sentiment.
Changing Market Dynamics: The notable rise in buying orders coupled with a decrease in selling pressure has tilted the market balance in favor of buyers, a change that often indicates rising optimism and could pave the way for a new rally.
Improving Regulatory Landscape: Analysts highlight that the increasingly clear global regulatory environment, particularly encouraging for institutional investors, is driving broader adoption of XRP in the financial sector, with many eyeing 2026 as a pivotal year for the XRP ecosystem.
Ripple Labs Initiatives: Ripple Labs has announced new projects like the XRPL Lending Protocol (XLS-66) aimed at fostering decentralized finance applications, while also attracting developers and entrepreneurs, further solidifying XRP's position in the market.

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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 6 technical signals, shows that 4 indicators are flashing buy, while 2 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	1.275	1.321	1.37	1.416	1.465	1.511	1.56
Fibonacci	1.321	1.358	1.38	1.416	1.452	1.475	1.511

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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