XRP Network Activity Surges Amid Ongoing Seller Pressure

XRP's network activity has surged to a two-month high, indicating persistent transactional activity and user engagement. This uptick in network engagement supports baseline demand for XRP and helps sustain the token's resilience against broader market pressures.

The daily trading volume of XRP has also increased, maintaining demand and supporting short-term liquidity for the coin. However, XRP trades below key technical levels with seller momentum dominant, leading to a bearish bias.

The Ichimoku Kijun line at $1.0034 acts as immediate resistance, while momentum indicators present a mixed picture. The MACD is flashing Sell, but ADX is neutral, and RSI is in the Sell zone at 42. A sustained move above the $1.0034 resistance would be required to shift momentum toward the upside.