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- XRP Ledger keeps moving hundreds of millions daily with low fees and quick settlement.
- Price near $2.84 with resistance at $2.92, traders eye possible retest toward $3.
XRP Ledger has processed over 483 billion XRP in total payment volume, making it one of the most active platforms in blockchain-based transactions, according to the latest data from Dune Analytics.
This level of activity demonstrates its role in handling real-time value transfers across the globe. Each day, more than 230 million XRP continues to be moved across the network.
This performance points to a consistent presence of XRP in real-world usage beyond speculation. Its fast settlement times and low fees have attracted both individual users and financial institutions.
On the infrastructure side, the XRP Ledger has been handling hundreds of millions in daily value transfers without disruption.
Such figures highlight not only speed but also reliability. These features have made it an attractive option for fintech companies and banking institutions that rely on dependable cross-border solutions. The consistent transaction volume supports its place in financial operations that require high throughput and low cost.
XRP Price Holds Steady Following Volatile Month
XRP has managed to stay around $2.84, showing signs of recovery after weeks of price swings. At the start of the month, it dropped from nearly $3.20 to $2.60. Now, its current level suggests some balance in the market. Traders are watching this range closely to see if it can turn into a strong base for the long term.
The Relative Strength Index is at 45.42, which shows a neutral trend. Meanwhile, the price started to move in line with the 200-day exponential moving average. This level gave support around $2.61, where buyers showed interest again. After that, XRP moved back up toward the 50-day exponential moving average at $2.92.
The $2.92 level has now turned into a resistance area in the short term. If the price moves above it, then the $2.99 and $3.20 zones will come back into focus. If the overall trend and trading volume continue to support the upward move, these levels can serve as potential targets.
Consolidation May Lead to Short-Term Upside Attempt
The recent price trend shows that if the market keeps improving, XRP may be ready to move upward. The RSI is slowly moving toward the mid-50 level, which points to growing pressure from buyers. The 20-day exponential moving average is also coming close to the current price, which signals a chance for an upward move.
If XRP stays above the $2.83 support level, it could try to reach $3 again. The first hurdle on this path is crossing $2.92. If trading volume rises and sellers back off from resistance levels, the price can gain speed quickly. The key is to keep steady pressure above the current support.
While the broader market stays cautious, XRP shows clear technical levels and steady behavior. This gives buyers a clear structure to follow. Right now, the price is close to the 3$ mark, and the outcome depends on how it moves in the coming days.