XRP pulled back to about $1.36 on Bitstamp, down roughly 4.85% on the day, after briefly reaching $1.70 during a sharp August rally that produced an approximately 49% weekly gain. The token fell below its 50-week exponential moving average (EMA), near $1.54, prompting analyst ChartNerdTA to call the weekly close a "major caution signal." Reclaiming $1.54 would invalidate the bearish setup, while $1.30-$1.29 is the first mid-term support zone, followed by $1.18-$1.10 and then $1.00-$0.98 if selling intensifies. XRP Ledger active addresses rose 654.71% from 47,180 on August 10 to 356,070 on August 24, according to Santiment figures shared by analyst Ali Martinez. Binance’s XRP leverage ratio also reached about 0.213, its highest level in more than seven months, according to CryptoQuant. CoinDesk reported about $6.4 billion in XRP futures volume over 24 hours, more than five times spot volume, with open interest near $3.45 billion and long positions exceeding shorts on major exchanges. The combination of increased network activity and leverage points to stronger participation but also greater liquidation risk if XRP fails to regain $1.54.