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Crypto

XRP Network Activity Soars by Over 650% Amid $1.5 Resistance

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XRP
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XRP network activity saw a significant surge of 654.71% as active addresses rose from 47,180 to 356,070.

This sharp increase in participation has led some analysts to believe that it may support a stronger move in the XRP price, although the current resistance level around $1.5 remains an important point for traders.

The MACD indicator is also showing signs of change, with EGRAG Crypto pointing out that bearish momentum may be losing strength as negative histogram bars begin to shrink.

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