XRP has surged significantly, reminiscent of its 2017 rally, climbing to 3.40 USD. However, the current trading price stands at 2.52 USD, indicating a notable decline from its peak.
Despite recent price drops, XRP maintains a key support level around 2.00 USD. Active addresses have decreased, raising concerns about long-term sustainability in the market.
Increasing whale activity suggests strong buy interest, potentially stabilizing XRP’s price. If current trends continue, a breakout could be on the horizon, minimizing the risk of a sharp decline.