On April 24, XRP network fees nearly reached 4,000 XRP, reflecting a spike in network activity. However, the price currently consolidates around the critical level of 2.20 USD, facing resistance at the 100-day EMA, which presents challenges for further growth.
Despite positive indicators like high transaction counts, buyer hesitance suggests potential caution. XRP must break 2.20 USD convincingly and maintain that level to unlock potential upward movement toward resistance between 2.40 and 2.50 USD.
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