XRP Network Activity Surges 67% – Big Breakthrough Awaiting?

Updated

April 24, 2025

Gambar XRP Network Activity Surges 67% – Big Breakthrough Awaiting?

Jakarta, Pintu News – Ripple network activity has risen sharply, recording a 67% gain in the last 24 hours. This signals a significant increase in interest and participation in the blockchain, often an indicator of continued momentum.

With market conditions still unstable, XRP is showing striking relative strength. Currently, the cryptocurrency is facing a critical test at the $2.10-$2.20 resistance zone, which will determine the direction of its next move.

Technical Analysis and Breakout Potential

$XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz
— Ali (@ali_charts) April 21, 2025

Ripple (XRP) is currently trading around $2.10, showing resilience near the critical support zone. However, there is a technical warning emerging on the charts. The 200-day exponential moving average (EMA) is almost crossing below the 200-day simple moving average (SMA), a pattern that often signals weakening bullish momentum or market exhaustion.

This adds pressure on the bulls to defend the $1.95 support level. A drop below this point could trigger further declines and reset market sentiment. For now, it is imperative to stay above this zone to maintain the short-term bullish structure and avoid a larger retracement.

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Increased Network Activity Signals High Interest

According to data from Glassnode, Ripple (XRP) network activity has surged by 67.50% in recent days, with the number of active addresses increasing from 27,352 to 40,366. This spike indicates increased user engagement and growing on-chain demand – often a precursor to significant price movements.

With network activity picking up and the price structure remaining strong, Ripple (XRP) may be approaching a critical inflection point. If the bulls manage to break the resistance, this could trigger a new rally, while a rejection might invite a short-term consolidation.

Market Outlook and Investor Sentiment

Ripple (XRP) bulls remain strong as the market prepares for the next big move. After consistently above the $1.80 level, Ripple (XRP) seems to be in a good position to continue its upward momentum. Analysts are increasingly optimistic, especially as the global macroeconomic environment shows signs of easing.

Once tensions between global superpowers begin to ease and markets gain clarity, many believe a major surge across crypto assets, led by Ripple (XRP), could follow. Despite the increasingly positive sentiment, some analysts warn about the possibility of another dip before a true breakout occurs.

Conclusion

As Ripple (XRP) faces this pivotal moment, traders are closely watching whether the bulls can sustain the rally or if a deeper consolidation phase is coming. With network activity picking up and investor interest remaining strong, this price zone could determine the next big direction for Ripple (XRP).

Also Read: 7 Ways to Get Passive Income from Crypto 2025, Simple!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.