According to the data we analyzed as Kriptokoin.com, 678,000 transactions took place in the last 24 hours in the XRP network. This shows that the recently static XRP ecosystem has been moved again. Increased activity in the network suggests that the interest of investor is revived and that a major price movement may be at the door.
XRP Network is moving: Investor’s interest is increasing
Ripple has long been remarkable with low trading volume and horizontal price movements for a long time. However, the last chain data shows that there is a serious movement in the network. Increased transaction volume may indicate that XRP has re -attracted attention by corporate investors or large whales.
Generally, sudden increases in the process volume cause activity in the price. However, as seen in the past, such volume increases may be limited to a short -term leap. Investors should carefully monitor whether this movement is a long -term trend.
XRP price faces a critical threshold
The XRP is currently stuck between the 50 -day exponential moving average (EMA) and the rising support trend. According to technical analyzes, the price has reached an important decision stage at this point. If he rises above 50 EMA, he can gain a strong rise acceleration.
On the other hand, the $ 2.60 level is protected as a significant support. If Ripple goes below this level, sales pressure may increase and the price may enter a new wave of decrease. Therefore, for Ripple investors, the next few days can be a critical turning point.
What’s next for Ripple?
If the Ripple price exceeds the resistance levels, an increase up to $ 2.80 can occur. However, if the increase in the process volume is temporary, the Ripple may enter the consolidation process. If the XRP captures a strong purchase pressure with increasing transaction volume, the investor confidence may increase further. However, if the price loses $ 2.60, it may face a new wave of sales. Therefore, both technical indicators and market sensitivity should be observed carefully, because for XRP, the next days point to a major breaking moment.
According to the data we follow as kriptokoin.com, there may be a major break for XRP in the coming days. Investors should closely monitor over -chain data and critical price levels!
