CandleFocus XRP Back at Growth as Transaction Count Exceeds 2 Million
2025-01-12
Author: Content Editor
The recent on-chain data shows that XRP has experienced a spike in transaction activity, with over 2 million transactions completed in a single day. This indicates growing usage of the network and restored investor confidence. As a result, XRP's price has returned to growth territory and is currently trading at around $2.57, with strong support levels at $2.30 and $2.20. The number of successful transactions has remained high over the past month, demonstrating the network's resilience and long-term appeal. Technically, XRP is showing a strong bullish trend, with resistance levels tested at $2.60. If this level holds, XRP may retest its earlier highs. However, if the market cannot hold above $2.30, there may be more selling pressure with $2.00 as the next significant support. Overall, the increase in transaction volume and XRP's comeback signal a bright future for the asset, and it is important to keep an eye on its growing network activity in the upcoming weeks.
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