Recently, XRP has seen a mild rebound, with the price once returning to around $2.60 and stabilizing in this support area. However, the upward breakout still faces pressure, especially in the dense resistance zone of $2.70 to $2.80. The overall market is in a “waiting for confirmation signals” phase, with sentiment neither pessimistic nor fully bullish.
On-chain data shows that the daily new active accounts on the XRP Ledger have recently increased by about 60%, indicating that more new users are beginning to enter this network. However, at the same time, on-chain payment volume and transaction activity are showing a downward trend.
This means:
Therefore, this signal itself is neutral, and it should be combined with subsequent actions to determine whether it is bullish or bearish.
From the perspective of capital flow, there are recent signs indicating that some funds are flowing out of exchanges, which usually suggests a tendency for long-term holding rather than immediate selling. At the same time, “whale-level” funds are gradually increasing their holdings.
This usually occurs during: the accumulation phase before the price starts to move.
But this does not mean that the price will rise immediately; rather, it indicates that a new power structure may be forming within the market.
The possible paths for XRP in the future can be roughly divided into two types.
Possibility One: Upsurge Initiation
If the increase in new accounts signifies new real demand entering the market, we will see a rebound in on-chain transactions and payment volumes; if the price simultaneously breaks through $2.70 to $2.80, accompanied by an increase in trading volume, then the upward trend will be confirmed. At that time, the market may experience a more noticeable upward movement.
Possibility Two: Heat Dissipation and Decline
If the growth of new accounts is primarily driven by emotions and following trends, without leading to sustained usage and capital investment, then the hype is likely to fade in the short term. If the price breaks below the key support of 2.60 dollars, it may return to the previous consolidation range, entering a sideways or correction phase again.
For beginners, the most important thing is not to predict, but to observe and wait for confirmation signals:
You can pay attention to the following points:
If planning to enter:
The 60% surge in new XRP accounts is indeed worth noting, but it is not a one-way signal in itself. It is like a “traffic light” at an intersection - it could be a yellow light before the green, or it could be waiting for the next light to turn on.
What really determines the trend are: trading activity + price breakthroughs + changes in trading volume over the next few days to weeks.
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