The daily payment volume on the XRP Ledger surged by 2,633% on October 25, doubled the following day and rose another 32.8% on October 27. It then dropped by 45.1% to about 200.8 million XRP on October 28, remaining below the 30-day average of 480.6 million XRP. XRP traded near $1.33 and remained below several moving averages, while the RSI stood at about 48, indicating a neutral market. The $1.25 area provides support, while a sustained move above $1.38 on strong volume would be needed to reverse the downward trend.
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