XRP Stuck Between $2.00 and $2.20 as Network Activity Hits 3-Month Low
XRP is once again trapped in tight consolidation, extending a rangebound pattern that has held the altcoin for several days. The altcoin is drawing renewed attention from traders, but this interest has not yet translated into meaningful market participation or price expansion. XRP Investors Pull Back The number of active addresses on the XRP Ledger
XRP is once again trapped in tight consolidation, extending a rangebound pattern that has held the altcoin for several days.
The altcoin is drawing renewed attention from traders, but this interest has not yet translated into meaningful market participation or price expansion.
XRP Investors Pull Back
The number of active addresses on the XRP Ledger has dropped sharply, falling to 35,931 — the lowest level in more than three months. This decline highlights waning investor engagement as users pull back from transacting on the network. The lack of consistent activity reinforces the perception that XRP is struggling to generate momentum.
This retraced participation weakens the foundation needed for a sustainable recovery. When network activity falls this low, price rallies often lose strength quickly. This is making it difficult for XRP to build the demand required to break out of its established range.
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XRP Active Addresses. Source:
The NVT ratio is flashing another warning sign as it surges to a two-week high. A rising NVT typically suggests that an asset is overvalued relative to its transaction volume. In XRP’s case, subdued on-chain activity and elevated valuation pressure form a bearish combination that complicates recovery prospects.
This imbalance indicates that investors may be pricing in optimism that the network’s current fundamentals do not support. Until transaction activity increases, XRP will likely remain vulnerable to correction despite brief speculative rallies.
XRP NVT Ratio. Source:
XRP Price Faces Sideways Movement
XRP is trading at $2.08 at the time of writing, maintaining a position above the $2.02 support. The altcoin has been stuck between $2.20 and $2.02 for several days. This reflects a lack of directional conviction.
The $2.00 zone remains a critical psychological and structural support. XRP may appear to bounce off $2.02 at times, but given current sentiment and macro signals, it will likely remain capped below $2.20 unless buyer interest strengthens.
XRP Price Analysis. Source:
If market conditions deteriorate further and XRP loses both $2.02 and $2.00, the bullish-neutral thesis would collapse. A breakdown could send the price below $1.94 and toward $1.85, exposing XRP to deeper losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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