XRP has just seen a dramatic resurgence in on-chain activity, signaling renewed network utility and investor interest. Over the past four days, XRP’s payment volume and transaction count skyrocketed by 600%, with over 838 million XRP transferred and 11.7 million transactions processed on April 23 alone, according to Ripple data.
Technically, XRP attempted a breakout from its descending channel, pushing above the 50- and 100-day moving averages. It reached $2.18 before facing resistance, slightly retreating to $2.15 — still above key support levels.
This surge in network usage suggests genuine demand rather than speculative hype. However, unless XRP can decisively clear the $2.18 resistance, a pullback to around $2.00 could occur. Sustained momentum, however, could drive the price toward $2.40–$2.50.
The market is now watching closely: is this a lasting shift in XRP’s trajectory or a short-term spike in activity?
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