Summary: The XRP cryptocurrency has seen a significant increase in its average number of transactions per ledger in December, indicating strong activity and potentially leading to significant price movements. XRP is currently trading at around $2.07 and showing signs of consolidation, which could indicate a breakout. The 50 EMA at $1.199 is an important support level for XRP, while the resistance level to watch is $2.15. If XRP can break this resistance, a rally towards $2.50 or higher may be possible. However, if XRP falls below $1.92, the next support lies at $1.48. The rise in network activity also suggests potential institutional or significant investor involvement. Based on these factors, XRP may experience a 40% or greater increase in 2025. Investors should closely monitor transactional metrics and support/resistance levels for potential gains in the coming months.
- Content Editor ( u.today )
- 2024-12-31
XRP Metric Surges 40%, Potential Rally Trigger