The LEDGER XRP recorded an increase in user activity, the number of daily active addresses from an average of 35,000 to more than 295,000 in last week.
The main dishes to remember:
- The active daily XRP addresses jumped 7 times to 295,000, signaling a renewal of the network commitment.
- Whale wallets holding more than a million XRP have reached a record, suggesting an increase in institutional interest.
- The volume of derivatives has increased by almost 300%, pointing to short -term increased speculation rather than long -term accumulation.
The interaction peak marks an increase of 7x, pointing to a renewed interest in the network, according to health data.
In addition to increasing use, the number of whale wallets holding more than a million XRP has reached a 2,700 summit, an important step that we do not see in the history of 12 years of the protocol.
Whale overvoltage signals increased confidence in the big XRP book
The increase in major holders can reflect an institutional conviction or a high -level high -term size of XRP.
XRP is negotiated at $ 2,2373 at the time of the press, up 2.7% during the day, with prices varying between $ 2.10 and $ 2.32 during last week.
Trading volumes have increased, jumping 248% in the past 24 hours, which indicates increased attention to the market.
According to Coinglass, open interests increased by 3% to 4.02 billion dollars, while the volume of derivatives has climbed almost 300% to $ 9.57 billion.
The data indicates a short -term speculative trading explosion rather than regular accumulation – a model that can precede net price movements in both directions.
The XRP lag can also reflect broader developments. On June 11, Vivopower, a listed company on the stock market, announced a partnership with the Flare blockchain to generate a return from its XRP holdings.
This decision could indicate that institutional players are looking for ways to take advantage of their cryptographic assets without liquidating them.
In May, Vivopower also invested $ 121 million in XRP as a strategic reserve, making it the first company in the world with a Treasury focused on XRP.
XRP continues to consolidate
XRP is currently negotiating nearly $ 2,236, after a period of volatile price action on various deadlines.
On the daily graphic, the RSI holds approximately 53, suggesting neutral impulse undocumented or clear over -designing or occurrence conditions. Meanwhile, the MacD line has just crossed the signal line, a potential early signal of the bullish impulse in the short term.
The 4 -hour graph reflects a recent decline after hitting a local summit of $ 2.35.
RSI has cooled at 42, and MacD shows a lower crossing crossing with an extended divergence, indicating that the bulls lose short -term control. This is aligned with a dive in the lower Bollinger band region, referring to possible support around $ 2.21.
On the one -minute graph, the price action is closely consolidated between $ 2.23 and $ 2.24. RSI and MacD are both flattened, confirming indecision among traders. With the remaining volume, no escape seems imminent at the moment.
If XRP holds above the SMA of 20 periods on the 4h, a rebound around $ 2.30 remains at stake. However, not defending the assistance of $ 2,21 could open the way to more than $ 2.10.
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