Ripple (XRP) Faces Price Pressure
Ripple (XRP) is trading lower on Thursday after failing to break resistance at $2.22. If the negative trend continues, XRP may drop toward Monday’s low of $1.98. This decline could happen if risk-off sentiment stays strong in the crypto market.
XRP Ledger Reports Highest On-Chain Activity in 2025
The XRP Ledger (XRPL) showed a big rise in on-chain activity this week. The Velocity indicator hit a yearly high of 0.0324 on Tuesday, according to CryptoQuant. This metric measures how often XRP moves on the network.
A CryptoOnchain analyst said the rise means XRP coins are quickly changing hands, not sitting idle in wallets. This boost in activity shows more user engagement on the XRPL, regardless of price moves.
The XRP derivatives market also saw more retail demand. Futures Open Interest (OI) rose to $3.85 billion on Thursday, up from $3.75 billion the day before. OI had dropped to $3.19 billion on November 22, the lowest since April.
Institutional interest in XRP ETFs remains steady. Since their launch on November 13, US-listed XRP ETFs have gained about $50 million in inflows on Wednesday. Total inflows now reach $874 million, with net assets at $906 million, reports SoSoValue. These steady inflows may support positive investor sentiment.
Technical Outlook: Mixed Signals for XRP
XRP currently trades above Monday’s low of $1.98 but below key moving averages:
- 50-day EMA at $2.31
- 100-day EMA at $2.47
- 200-day EMA at $2.49
These levels show a bearish trend. The Relative Strength Index (RSI) stands at 46, indicating weak bullish momentum. A drop toward the oversold region may increase bearish pressure.
However, the MACD indicator still shows a buy signal since November 25. If the blue MACD line stays above the red line and the histogram bars grow, XRP’s bullish outlook could improve.
For XRP to turn bullish, the 50-day EMA should become support. A break above the descending trendline might push XRP toward $3.00.
