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XRP Ledger Holds Strong While XRP Price Struggles in a Downtrend - Crypto Economy

TL;DR

  • XRP price remains trapped inside a clear descending technical channel.
  • The XRP Ledger maintains high transaction activity and steady payment volume.
  • A bearish technical crossover confirms the current negative price momentum.

The XRP price trades inside a clear descending channel and reacts poorly to each push higher. In parallel, the XRP Ledger (XRPL) keeps showing high transaction activity and steady payment flow, which creates a sharp contrast between price charts and network behavior.

Over the past month, XRPL payments and successful transactions have trended upward. Daily operations often reach around one million transfers, with only a brief dip near the end of the month that looks like normal noise. Validators process transactions without visible congestion or slowdown, and users continue to move value at scale. For a token under market pressure, that type of baseline network health carries weight in any fundamental review.

On-chain activity rises while XRP trades inside a descending channel

XRP tried to break above the upper boundary of the descending channel and turned lower with a sharp rejection. Sellers defended the region around the 100-day exponential moving average (EMA) and the middle of the channel. A recent mini death cross between the 50-day EMA and the 100-day EMA confirms that momentum favors the bearish side, and each bounce draws supply from traders who use strength to reduce exposure.

![](data:image/svg+xml,%3Csvg%20xmlns=‘http://www.w3.org/2000/svg’%20viewBox=‘0%200%201024%20645’%3E%3C/svg%3E)

The gap between strong XRPL usage and a weak XRP chart raises a key point for traders. High transaction volume does not guarantee an immediate rally, yet it signals real utility and active on-chain demand. History in crypto shows many periods where network activity stays firm while price lags. Later, once sentiment improves and liquidity returns, underlying usage often supports recoveries that build from oversold levels.

![](data:image/svg+xml,%3Csvg%20xmlns=‘http://www.w3.org/2000/svg’%20viewBox=‘0%200%201023%20508’%3E%3C/svg%3E)

Even so, technical signals do not support an aggressive bullish stance today. Chart structure still points toward at least one more retest of lower channel support. Every short-term rebound remains fragile until XRP closes with conviction above roughly $2.30–$2.35, a zone where sellers recently pushed back. In the near term, traders can expect choppy trading inside the channel with limited follow-through on green sessions while broader capital flows stay soft.

From a medium-term angle, rising XRP Ledger activity suggests that the asset does not face a deep fundamental decline. Users still send payments, interact with applications and keep value circulating on-chain. Patterns like that often appear before price stabilizes and, later on, before new accumulation phases start when fresh money re-enters the market.

XRP1.63%
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