During a recent trading session, XRP’s price dropped from $3.02 to $2.89, reflecting a decline of 4.30%. This downturn occurred as broader market conditions led to increased volatility amidst the anticipated SEC decisions on crypto ETFs.
In the meantime, active addresses on the XRP Ledger surged by 20%, suggesting heightened user engagement. The integration of Linklogis’s supply-chain platform with the XRP Ledger has attracted institutional interest, reflecting confidence in the digital asset’s utility.
XRP currently shows potential support at $2.85 and near-term resistance at $3.02. Traders are observing whether the price can hold above key support levels while monitoring accumulation patterns that could lead to an upward momentum towards the projected $5 target.
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