XRP traded in a narrow range around $1.38 as the market continued to show limited volatility and declining trading volume. The asset has spent much of the recent sessions moving between the support zone near $1.34–$1.35 and resistance around $1.43–$1.44.
During the latest trading period, XRP briefly climbed toward the $1.44 level following a short burst of buying activity. However, the move was quickly rejected as sellers stepped in, pushing the price back down toward the middle of the range. Since then, price movement has remained relatively quiet, with XRP hovering close to $1.38.
Repeated failures to break above $1.44 have reinforced that level as strong near term resistance, while the $1.34–$1.35 area continues to act as a key support zone traders are closely monitoring.
XRP Ledger Activity Surges to 2.7 Million Daily Transactions
While price movement has been subdued, activity on the XRP Ledger has increased significantly. Daily transactions on the network have climbed to roughly 2.7 million, indicating growing usage across the ecosystem.
A notable driver behind this increase is the expansion of tokenized real-world asset projects being developed on the blockchain. The total value of tokenized assets on the network has approached approximately $461 million, reflecting broader experimentation with blockchain-based asset representation.
Market participants remain focused on the current technical structure. As long as XRP holds above the $1.34 support region, consolidation may continue before another attempt to challenge resistance near $1.44.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.