XRP Rally May Continue Despite Pullback as On-Chain Activity Remains Strong
The post XRP Rally May Continue Despite Pullback as On-Chain Activity Remains Strong appeared on BitcoinEthereumNews.com.
XRP’s recent price correction does not signal the end of its bullish momentum, supported by robust on-chain activity and strong technical fundamentals. JP Morgan is exploring groundbreaking policies to accept Bitcoin and Ethereum as direct loan collateral, potentially reshaping institutional crypto finance. According to COINOTAG, the Shiba Inu team remains optimistic about a potential 800% price surge, reminiscent of its 2021 bull run, signaling renewed investor enthusiasm. XRP’s correction is a temporary cooldown amid strong network activity; JP Morgan eyes BTC and ETH collateral loans; SHIB hints at an 800% surge in 2025. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); XRP Correction Signals Temporary Cooldown, Not Rally End Despite a recent pullback to $3.44, XRP’s rally remains intact with key support levels holding firm. The cryptocurrency experienced a significant surge of over 70% in July, making a short-term correction a natural market response. Technical indicators such as the Relative Strength Index (RSI) remain elevated at 78, reflecting sustained bullish momentum rather than an imminent reversal. More importantly, on-chain metrics reveal strong network utilization, with over 1.35 million payments processed on July 21 alone via the XRP Ledger. This high transactional throughput underscores XRP’s continued demand and utility, suggesting that the recent price dip is a healthy consolidation phase rather than a market top. On-Chain Activity Reinforces XRP’s Market Position The surge in on-chain transactions is a critical factor…
Filed under: News - @ July 24, 2025 5:34 am