XRP shows signs of rebound but declining on-chain activity signals more risk ahead

Description

XRP is recovering from recent lows but weakening XRP Ledger metrics may indicate further challenges. Trading at $2.25 as of press time, XRP ( XRP ) is up 3.8% over the last day. The price is near the upper end of its weekly range between $2.09 and $2.29. With 24-hour volume reaching $2.65 billion, trading volume is up almost 180% from the day before, reflecting growing trader interest. Rising volume alongside price gains often hints at stronger conviction among market participants. Coinglass dat...