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XRP Price Prediction for March 6: 620% Jump in Active Addresses & Ethereum Resistance Test in Focus


XRP Price Prediction for March 6: 620% Jump in Active Addresses & Ethereum Resistance Test in Focus

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  • XRP has dropped to the fourth position in the crypto market despite a 5% surge.
  • The number of active XRP addresses have soared from 74,589 to 462,650.
  • Analyst Dom said that XRP is attempting to break its “largest resistance in history” against ETH.

XRP has slipped to the fourth position in the market from its earlier third place. This is despite a significant 5.02% increase in the past 24 hours. 

Data from CoinMarketCap shows the digital asset trading at $2.44 with a strong trading volume of $9.67 billion.

Active XRP Addresses Up 620% in a Week

Well-known analyst Ali Martinez highlighted a key on-chain development in a post on X: the number of active XRP addresses is up 620% in the past week. This jumped from 74,589 to 462,650, as shown in the chart below.

XRP Faces “Largest Resistance in History” Against ETH

Crypto analyst Dom has identified a critical technical setup for XRP. According to Dom, XRP is trying to overcome its “largest resistance in history” when measured against Ethereum (ETH). This resistance level has historically defined XRP’s price action. In past cycles, each time XRP has successfully surpassed this resistance, i…

The post XRP Price Prediction for March 6: 620% Jump in Active Addresses & Ethereum Resistance Test in Focus appeared first on Coin Edition.

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Coins

$ 1.80K

+0.79%

$ 1.09

-0.91%

$ 0.00737

+3.85%

$ 0.00...361

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In This News

Coins

$ 1.80K

+0.79%

$ 1.09

-0.91%

$ 0.00737

+3.85%

$ 0.00...361

$ 0.000207


Predictions Markets

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View analytics →
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