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As the year comes to a close, investors are paying close attention XRPAnd for good reason. The average number of transactions per ledger, a critical on-chain indicator, rose significantly and steadily during December. This indicates that the network is experiencing strong activity, which often precedes a significant price Movements.
Heading into 2025, XRP appears to be in a strong position for expansion. XRP It is in a critical situation now, trading at around $2.07. Since it has consolidated within a range, it indicates the possibility of a major breakout, and its price has remained relatively stable. The level to watch now is the 50 EMA (Exponential Moving Average) at $1,199. This moving average represents the first major support that XRP has encountered since the start of its incredible rally earlier this year.
Bearish sentiment may arise due to a break below this level, but strong transaction activity indicates resilience. The key going forward will be XRPAbility to return to the $2.15 resistance level. A rally towards $2.50 or higher may be possible if this level is broken. However, if sellers force XRP below $1.92, the 100 EMA lies at $1.48, which is the next important support.
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In addition to showing interest in XRP, the rise in network activity also indicates potential institutional or significant investor participation. XRP could lay the groundwork for a 40% or more increase if this momentum continues into the new year. In 2025, XRP investors should keep a close eye on transaction metrics with resistance at $2.15 and key support at $1.92. Thanks to strategic price levels and increased activity, XRP is well-positioned for significant gains in the coming months.
Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
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