Ripple – All the reasons why XRP must reclaim $2.20 to avoid further decline – BitRss

• XRP ($2.03)’s active addresses have declined steadily, suggesting reduced engagement and potential price volatility ahead.
• A key support level is under pressure, and if broken, it could face further downsides despite broader market conditions.

The number of active Ripple[XRP] addresses has significantly declined over the past three months, raising concerns about reduced network activity and its potential impact on price trends.

This drop in engagement has coincided with a broader price correction, leading to speculation about the future trajectory.

XRP active addresses and market sentiment

Glassnode data shows that XRP’s active addresses peaked in early December 2024 before beginning a steady decline. Analysis showed that the number spiked to over 203,000.