XRP’s On-Chain Growth Clashes With Ongoing Price Weakness

XRP is showing a clear divergence between market price and blockchain activity, raising questions about whether growing network usage can eventually translate into price recovery.

Price Weakness Keeps XRP Under Pressure

XRP remains technically weak, with price action confined within a descending channel and consistently trading below major moving averages on the daily timeframe. Attempts to break above resistance levels have repeatedly failed, showing a lack of strong buying interest.

Momentum indicators reinforce this outlook, as the RSI stays in the lower range, signaling exhaustion rather than strength. Overall, these factors confirm that sellers still control the market, and XRP remains vulnerable to further downside unless broader market conditions improve.

On-Chain Activity Signals a Potential Shift

While price action struggles, on-chain data paints a more constructive picture. Over 844 million XRP were transferred in a single day, pointing to increased network usage and active capital movement rather than passive holding. Historically, sustained rises in transaction volume have often preceded longer-term structural changes in price. Although such activity does not guarantee an immediate rally, continued high volumes could support price stabilization and eventually form the basis for a meaningful recovery if the trend persists.

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Luis Aureliano

• 

  Charles Russell-Pavier

• 

  getbux

• 

  Ramla Soni