The post XRP Price Today Holds Above $2.18, Is a Breakout Ahead? appeared first on Coinpedia Fintech News
The XRP Ledger’s v2.5.0 upgrade has gone live, introducing a host of improvements aimed at streamlining on-chain transactions. Key features include transaction batching for operational efficiency, token escrow enhancements for greater asset control, and support for permissioned DEXs. These updates mark a pivotal evolution in XRP’s infrastructure, potentially expanding its utility for both institutions and developers.
While price movement remains relatively flat, these foundational changes may lay the groundwork for broader adoption. Wondering where the XRP price is going in the short term, as the fundamentals continue to grow big? Read this Ripple XRP price analysis for potential targets!
Active Addresses Stay Resilient
Despite a sharp 46.26% drop in 24-hour trading volume to $2.76 billion, the number of 24-hour active addresses on the XRP Ledger has held steady. This signals that the network continues to be actively used even amid short-term market fatigue.
This resilience suggests that engagement isn’t purely speculative, and the ledger upgrade may already be subtly influencing transaction behavior. If token escrow and batching tools see increased developer adoption, active address count could trend upward. Thereby, potentially foreshadowing a longer-term bullish case.
Ripple XRP Price Analysis:
XRP is currently trading at $2.18, down a modest 0.08% over the past 24 hours. Price briefly tested resistance at $2.22, marking the high of the day, but failed to sustain momentum as volume tapered off.
From a technical perspective, XRP remains above its short-term support at $2.17, with a clear target zone in the $2.40–$2.45 range. If buying pressure resumes and breaks above $2.22 with increased volume, this upper band becomes increasingly realistic.
Also read: Ripple (XRP) Price Prediction 2025, 2026-2030!
FAQs
It introduces batching, escrow improvements, and permissioned DEX support for greater utility.
The volume drop likely reflects short-term market fatigue, not a lack of interest. Active address data shows consistent engagement.
If bulls reclaim $2.22, the next resistance zone lies between $2.40 and $2.45 in the near term.
Source: https://coinpedia.org/price-analysis/xrp-price-holds-above-2-18-amid-network-upgrade-is-a-breakout-ahead/