The price of XRP has increased by 5%, despite a significant decrease in the number of transactions on its network. The decrease in transactions could suggest a slowdown in network participation or that holders are being patient rather than actively selling. However, the absence of strong selling pressure indicates that investors are not rushing to sell their holdings. The next resistance levels to watch are $2.62 and $2.80, with the potential to reach the psychological barrier of $3. On the other hand, if selling pressure intensifies, XRP may retest support levels at $2.20 and $2.00. The recent price increase does not necessarily indicate a recovery in the foreseeable future, as there is a lack of on-chain support and trading volume.



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