XRP holds $1 support as network activity rises and leverage clears out
XRP price news: XRP holds above the key $1 support with modest gains, but remains stuck in a range below resistance. Network and fund data are improving.
Intelligence analysis by Qwen 2.5 (3B)
XRP's price is holding at $1 level despite recent declines, supported by rising network activity and reduced leverage.
XRP is like a toy that's been stuck at $1 for a while. But now more people are playing with it (that's the active addresses), and they're not borrowing money to play (that's leverage). This makes XRP look stronger, so maybe soon it can go back up to $1.10.
Analysis
{"# A $60B Vote of Confidence":"XRP's daily active addresses have surged by 72% in two weeks, indicating growing interest and activity within the network. This growth is a positive sign for the token's future prospects.","# Why Cursor?":"The reduction in open interest across major exchanges has cleared out crowded long positions, reducing leverage risk. This cleaner setup could pave the way for XRP to break above $1.10.","# The Road Ahead":"For traders and investors, the key focus will be on whether this improved network activity can translate into sustained price gains. If so, XRP may see a shift towards recovery from its current support level."}
Key points
- XRP's daily active addresses have increased by 72% in two weeks
- Open interest across major exchanges has fallen to its lowest level since July 2025
- XRP spot ETFs have recorded eight consecutive weeks of inflows
- Resistance levels at $1.06 and above are expected before XRP can break out of the current range
If XRP continues to see growing interest from users and reduced risk of leveraged selling, the token could break above its current support level and start a new upward trend.
However, if the recent improvements in network activity do not translate into sustained price gains, XRP may remain stuck at or below $1.10 for some time.
