Price Analysis View Non-AMP

XRP Price Today Holds Above $2.18, Is a Breakout Ahead?

Published by
Shrishesh Tanksalkar

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

What is the XRP Ledger v2.5.0 upgrade?

It introduces batching, escrow improvements, and permissioned DEX support for greater utility.

Why is XRP’s volume down despite the upgrade?

The volume drop likely reflects short-term market fatigue, not a lack of interest. Active address data shows consistent engagement.

What’s the next price target for XRP?

If bulls reclaim $2.22, the next resistance zone lies between $2.40 and $2.45 in the near term.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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