XRP is showing the biggest surge in the network in months
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XRP is showing renewed strength with a significant increase in payment volume of 1.48 billion, which is in line with the first signs of a technical recovery. A combination of growing network usage and an improving price structure has brought XRP back into the spotlight after a period of constant decline.
In short
- One of the network’s biggest surges in recent months saw the XRP Ledger surge in activity, sparking an $8 million increase in market value.
- After weeks of steady decline, XRP bounced off the bottom of the channel and showed clear signs of a near-term recovery.
- Daily payments between 700,000 and 1 million indicate stable and widespread activity rather than isolated whale movements, a positive structural signal.
- A bullish continuation requires a break of the upper border of the channel and the 20-day EMA. A drop in volume could send XRP back to the $2.00-$2.05 zone.
XRP price recovery
Since the beginning of October, XRP has been on a downward trend. The sellers were firmly in control of the market and every attempt at a recovery failed as the moving averages continued to decline and reinforce the downtrend. However, the latest daily candle breaks this pattern.
XRP printed one of the strongest green candles since the correction began and bounced sharply from the bottom of its descending channel. This change comes as the price of XRP is now trading $2.17indicating that immediate selling pressure is easing and buyers are beginning to regain control.
XRP Network Skyrocket Supports Price Recovery
XRP just experienced one of its strongest surges in on-chain activity in months. The $1.48 billion spike in payment volume brought network usage to its highest level in weeks and coincided almost perfectly with the $8 million increase in market cap. This was not random volatility.
According to public on-chain XRP Ledger metrics highlighted in U.Today’s analysis, XRP Ledger saw a substantial increase in payment volume, with the 1.48 billion increase representing one of the largest transaction increases in the past three months. Daily payments also remain high, regularly hovering between 700,000 and 1 million, indicating broad and healthy network usage rather than isolated high-volume transfers.
The fact that this growth is occurring just as XRP’s price structure is starting to show the first signs of recovery is significant. Historically, this combination of improving technical signals + expanding network activity has marked important inflection points for XRP.
XRP Outlook: Key levels will be defined next
Taken together, these indicators point to a significant structural change. Despite recent price declines, XRP network activity is intensifying, not the other way around. This significantly improves the short-term outlook. The movement of the RSI towards the neutral zone and the return of the price to the middle zone of the channel indicate that the immediate selling pressure has finally subsided.
However, it is necessary to confirm this recovery. The bullish continuation depends on the breakout of the upper boundary of the channel and the 20-day exponential moving average. If volume doesn’t hold up and payment activity drops back to baseline, this rebound risks being nothing more than a correction. In this case, XRP would likely return to the $2.00-$2.10 area before attempting another upward move. Boosting positive sentiment could also come from growing institutional interest, highlighted by a strong launch for the new XRP ETF with $58 million in trading volume.
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DISCLAIMER OF LIABILITY
The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.