XRP Price Prediction: $1.35 Support Tested As Network Activity Jumps 40%
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XRP trades at $1.37 after a 40% increase in network activity to 2.5 million daily transactions. Arizona lawmakers moved forward with a bill to include XRP in state treasury holdings alongside Bitcoin. Open interest has risen to $2.28 billion but price struggles below major EMAs, indicating resistance.
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- XRP trades near $1.37 after network activity climbed 40% in recent weeks, hitting 2.5 million daily transactions despite skepticism over wallet concentration.
- Arizona lawmakers advance XRP digital reserve bill in 4-2 committee vote, naming XRP alongside Bitcoin and DigiByte for state treasury holdings.
- Open interest rises 0.75% to $2.28 billion while long/short ratios favor bulls at 2.38, but price remains trapped below all major EMAs.
XRP price today trades near $1.37, up 2.14% after bouncing from multi-month lows as network activity surges and legislative developments provide fundamental support. The move places buyers in a defensive position as technical resistance from descending EMAs caps recovery attempts.
Network Transactions Spike 40% But Wallet Concentration Raises Questions
XRP Ledger activity climbed roughly 40% in recent weeks, reaching 2.5 million d…
Read The Full Article XRP Price Prediction: $1.35 Support Tested As Network Activity Jumps 40% On Coin Edition.
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