In just one day, over 838 million XRP tokens were transferred, reflecting a significant spike in network usage that traders view as a precursor to a potential market recovery.
XRP is currently battling resistance at the 100-day EMA while maintaining support near $2.15. A breakthrough above $2.22 is needed for further upward momentum.
Increased transaction volumes indicate rising demand, which could lead to volatile price movements. Observing these trends closely will be essential for investors in the coming days.
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