XRP Active Addresses Reach Highest Level Since April 2023

XRP is currently trading above critical support levels, demonstrating resilience amid broader market selling pressures. Key points include:

  • XRP has maintained strength while many digital assets have faced corrections.
  • Recent on-chain data shows nearly 627,000 active addresses, signaling increased network usage and potential price acceleration.
  • The token has risen over 33% from a recent low of $1.89, currently priced at $2.41.
  • $2.30 serves as an important short-term support level; holding this could lead to a push toward the psychological $3 mark.
  • A breakout above $3 may enable a rally towards previous highs.
  • Failure to maintain support at $2.30 could result in a pullback to around $2.00 or $1.89.

XRP's price structure remains bullish, but maintaining momentum will depend on sustaining key levels as market conditions evolve.