The price of XRP has surged recently, breaking past resistance levels and indicating a potential bullish rally. However, on-chain metrics show a decline in activity, including a drop in the number of payments and payment volume. The number of active accounts has also decreased, suggesting diminishing user engagement. These metrics raise concerns about the sustainability of XRP's price spike and longevity of its current recovery. XRP remains in a precarious position technically, with support at $2.10 and resistance at $2.85. Investors should closely monitor network activity and transaction volumes for signs of a healthier, sustainable rally.



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