HomeXRP NewsXRP Rally Slows After Peaking at $3.65

XRP Rally Slows After Peaking at $3.65

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The recent surge in XRP has brought the spotlight back to Ripple as the token hit a new all-time high. The digital asset XRP reached $3.65, sparking excitement across the crypto landscape. This peak was largely influenced by renewed investor optimism, driven by the introduction of the ProShares Ultra XRP ETF and supportive regulatory developments in the United States that are fostering more confidence in the crypto sector.

Despite the rally, XRP is now experiencing a deceleration in momentum. At the time of writing, XRP is priced around $3.49, indicating a 3% gain in the past 24 hours and a 19% increase over the preceding week. Market analysts are closely watching resistance levels at $3.80, $4.33, and especially the key pivot at $4.00, which may determine the token’s short-term trajectory.

Reduced Network Growth Despite Price Surge

While XRP’s price performance has gathered pace, its network activity paints a slightly different picture. A recent observation from Santiment reveals that the number of new addresses joining the XRP ledger has dropped to 1,598—a record low over recent months. This contraction in user growth suggests that despite upward price momentum, there is a decline in new participation, which could challenge further advances in valuation if demand doesn’t broaden.

Adding to the shifting sentiment was a notable transaction involving 210 million XRP tokens, worth approximately $738 million. The movement took place between two anonymous wallets and is being closely analyzed by market observers. Whale transactions of this magnitude often reflect either accumulation by major holders or asset redistribution amid significant market movements. Either scenario can precede heightened volatility or consolidation periods as investor behavior adapts.

Technical Indicators Signal Possible Cool-Down

Experts in market charting note that XRP’s current trend remains bullish, though signs of hesitation are starting to appear. According to CryptoWZRD, the daily candle’s closing offered no clear signal, even though the general structure suggests room for more upside. Should XRP breach its recent high, a move toward $4.60 or even $4.70 is feasible, with long-range forecasts pointing to the $6.13 zone as a potential future target.

A closer look at technical momentum metrics reveals the Relative Strength Index (RSI) has climbed above 80. This level typically illustrates a strong and possibly overheating market. When the RSI breaches such thresholds, it can suggest buyers may soon pull back, especially if profit-taking accelerates and new entry points fail to appear. In such a case, XRP may either briefly correct or consolidate before continuing any attempted push higher.

Even as XRP supporters remain optimistic due to encouraging fundamental and legal tailwinds, the mixed signals in user growth and RSI figures warrant caution. The combination of enthusiastic trading activity balanced by declining newcomer participation and overly aggressive technical levels means XRP is at a potential crossroads. Its capacity to build on this momentum will now depend on renewed demand and sustained volume in the coming sessions.

Related: XRP Price: $12M Max Pain for Bears

For investors and traders eyeing XRP, the days ahead could be decisive. Whether this slowdown is a momentary pause or an early sign of a larger pullback may depend on how quickly broader adoption resumes and whether bullish catalysts—such as continued ETF demand or favorable policy developments—kick back into force with enough intensity to push XRP past its current resistance zones.

Quick Summary

The recent surge in XRP has brought the spotlight back to Ripple as the token hit a new all-time high. The digital asset XRP reached $3.65, sparking excitement across the crypto landscape.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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