Xrp [XRP] has climbed to a 7-year high, hitting $3.39 for the first time since January 2018, igniting renewed interest among investors.
Positive metrics, including increased transactions and whale activity, support XRP’s bullish momentum.has climbed to a seven-year-high, hitting $3.39 for the first time since January 2018, igniting renewed interest among investors.
Additionally, over 511,430 new non-empty wallets were added in the past two months, reflecting strong accumulation. At press time, XRP was trading at $3.27, up by 5.83% in the last 24 hours, solidifying its upward momentum.a descending channel breakout as a key bullish indicator for XRP, with a projected target of $3.00.
The token’s continued rally reinforces the validity of the earlier prediction and underscores the strength of its breakout. Therefore, XRP’s ability to build on this technical pattern signals the potential for higher targets.The symmetrical triangle breakout has been a major turning point, signaling a strong continuation of its bullish trend. After breaking out, XRP successfully retested the $2.00 support zone and established $3.00 as a new base.
Therefore, buyers remain in control, supporting the price action and sustaining XRP’s upward trend. This balance highlights the growing confidence among market participants.The number of active addresses increased by 1.14% in the past 24 hours, signaling rising engagement on the XRP Ledger. Additionally, the total transaction count rose by 0.97% to 2.58 million, emphasizing heightened on-chain activity.
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