$XRP Rebounds as New Wallet Growth Hits an 8-Month Peak! 🚀📊
The token XRP recently bounced off its lower Bollinger Band, signalling potential short-term strength in a weak macro backdrop. 🛡️📈 It’s currently trading around $2.33 USD.
Meanwhile, network data for the XRP Ledger show a notable surge: ~21,595 new wallets created in a 48-hour span — the highest such burst in eight months. 🧠📱 This spike suggests fresh dip-buyers and renewed interest re-entering the ecosystem.
On the technical front:
• The rebound off the lower band implies oversold conditions may be easing. ✅📉
• Key resistance looms near $2.45–$2.50, aligned with the 20-day SMA/mid-band. 👀📌
• If XRP fails to hold this bounce and drops below ~$2.09, the next support sits around ~$1.90–$1.72. ⚠️🔻
On-chain activity is encouraging: In Q3 2025, XRPL saw a ~15.4% rise in daily active sender addresses and ~46.3% increase in new addresses to ~447,200. ✍️🌐
In summary: The combination of a technical bounce + wallet growth upswing gives XRP bulls something to lean on. But the recovery isn’t secure until $2.45+ is reclaimed with conviction.
#Ripple #BinanceHODLerMMT #BuiltonSolayer
