XRP Stuck at $1 for Eight Days Straight: Bulls and Bears Clash

XRP has been testing the $1 level for eight consecutive sessions without breaking through, sparking interest among traders and analysts.

Santiment data shows that crowd commentary on XRP has reached its most bearish reading in three months as prices stall near $1. At the same time, XRP Ledger active addresses hit 49,929 in a single 24-hour span, the highest level in over two months.

This divergence between sentiment and on-chain activity is described by Santiment as the 'counter-signal bulls want to see.' It suggests that despite fears about the price, participation is rising, which historically precedes either a sharp recovery or one final flush before a turn.