XRP Network Activity Spikes 67% While Price Forms Bullish Reversal Pattern
- XRP has delivered a staggering 984% gain since 2020, vastly outperforming gold and USD.
- The XRP Network activity has surged 67.5%, with a sharp rise in active addresses recently.
- A bullish inverse head and shoulders pattern suggests a potential breakout to $2.70.
Looking beyond daily charts, XRP has stood out as a quiet yet powerful long-term performer since 2020. Data shows XRP surging 984% over that period, dramatically outpacing traditional safe havens like gold (which gained 78%) and underscoring the devaluation of the US dollar, which lost 25% of its purchasing power in the same timeframe.
Simply put, $100,000 in 2020 buys only $75,000 worth of goods today, while that same amount invested in XRP would have grown nearly tenfold.
Related: What’s Next for XRP Price April 23? Analysis Eyes Key Support Test
This context matters as XRP’s network shows fresh life. Analyst Ali Martinez highlighted a sharp 67.5% spike in daily activ…
The post XRP Network Activity Spikes 67% While Price Forms Bullish Reversal Pattern appeared first on Coin Edition.
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XRP Network Activity Spikes 67% While Price Forms Bullish Reversal Pattern
- XRP has delivered a staggering 984% gain since 2020, vastly outperforming gold and USD.
- The XRP Network activity has surged 67.5%, with a sharp rise in active addresses recently.
- A bullish inverse head and shoulders pattern suggests a potential breakout to $2.70.
Looking beyond daily charts, XRP has stood out as a quiet yet powerful long-term performer since 2020. Data shows XRP surging 984% over that period, dramatically outpacing traditional safe havens like gold (which gained 78%) and underscoring the devaluation of the US dollar, which lost 25% of its purchasing power in the same timeframe.
Simply put, $100,000 in 2020 buys only $75,000 worth of goods today, while that same amount invested in XRP would have grown nearly tenfold.
Related: What’s Next for XRP Price April 23? Analysis Eyes Key Support Test
This context matters as XRP’s network shows fresh life. Analyst Ali Martinez highlighted a sharp 67.5% spike in daily activ…
The post XRP Network Activity Spikes 67% While Price Forms Bullish Reversal Pattern appeared first on Coin Edition.
Read More