Network activity on the XRP Ledger is exploding and it’s happening at the same time institutional interest hits new highs, making a bullish XRP price prediction hard to ignore.
Daily active addresses (DAAs), a key on-chain metric, have surged 40% over the past few days.
This spike in on-chain activity suggests growing demand for XRP, especially as new institutional infrastructure comes online following the launch of the first XRP spot ETF on Thursday.
XRP Price Prediction: XRP Eyes Critical Breakout as Bulls Target $2.70 for Full Trend Reversal
XRP has surged 8.6% in the past 24 hours, backed by a 28% jump in trading volume, signaling renewed momentum.
The $2.20 level has emerged as a critical support zone, repeatedly absorbing selling pressure during recent market dips.
If XRP holds this line once more, bulls may push toward a decisive move above $2.70 — a breakout that could mark the beginning of a major trend reversal.
The end of the U.S. government shutdown does not seem to be doing any favors to market sentiment, as the odds that the Fed will cut rates in December dropped dramatically from 91% to 50% at the time of writing.
XRP needs to climb past $ 2.70 to confirm a bullish outlook, as that would indicate a breakout above its 200-day exponential moving average (EMA).
If XRP breaks above $2.80, it could mark the beginning of a major trend reversal — setting the stage for a rally toward $3 or even $4 as bullish momentum accelerates.
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The post XRP Price Prediction: Activity on the XRP Ledger Soars – Traders are Watching This Sneaky Reversal appeared first on Cryptonews.
