XRP defends $1.40 support as on-chain activity increases

XRP, the digital asset associated with the Ripple payment network, is holding near the $1.40 support level after facing selling pressure in recent weeks. The level has historically attracted buying interest, and a sustained defense could support a recovery attempt, while a decisive break below it may expose XRP to declines toward $1.30 or $1.20. On-chain data shows rising active addresses and transaction volumes over the past several days, indicating increased use of the XRP Ledger and renewed investor engagement despite cautious broader market sentiment. Such activity alongside price stability can precede volatility, a trend reversal or possible accumulation, although large whale transfers and exchange movements can distort the data. Immediate resistance stands near $1.50 and $1.60, and a move above those levels could improve bullish momentum. The relative strength index (RSI), a momentum indicator, is neutral, leaving room for movement in either direction. Traders are watching volume, on-chain trends and the sustainability of network activity to assess whether XRP can maintain the $1.40 level in coming sessions.

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