The XRP cryptocurrency has experienced a surge in network activity, with a 60% increase in transactions per ledger. This suggests stronger demand and potential future price action, indicating increased interest in the asset. Despite market volatility, XRP has shown resilience by holding its position above important support levels and remaining close to its local highs. If XRP can overcome the resistance level of $2.70, it may rally towards $3.00. However, failure to hold above $2.30 could cause a decline towards the 200-day moving average at $1.82. The increase in transactions per ledger indicates growing adoption and use case applications for XRP, and historical data suggests that transaction volume spikes precede significant price movements. The short-term outlook for XRP is cautiously optimistic, as long as network activity continues to increase and important support zones are maintained. However, it is unclear if the spike in transactions will result in a long-term price increase.



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