Ripple (XRP) Just Posted a Huge Network Jump: Here’s the Level That Matters Now

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XRP briefly hit $1.76 before stabilizing near $1.50, gaining approximately 70% in one weekly candle from the accumulation zone. Active addresses surged from 47,180 to 356,070, a 654.71% increase reflecting a sharp rise in network participation. Analyst Casi Trades expects a move toward $1.78, followed by a pullback to $1.30 and another push to $2.57, with the five-wave structure potentially taking XRP to around $2.90. On the institutional side, US-based spot XRP ETFs recorded cumulative inflows of $51.62 million for the week of August 25, reaching $18.38 million on Friday, their strongest level since mid-May, with Bitwise leading at $8.25 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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