DEV Community

David Tevzadze
David Tevzadze

Posted on

πŸš€πŸ“ˆ $XRP Price Stands 15% From All-Time High – One Cohort Driving the Rally πŸ”₯

✨ New Buyers Fuel the Surge
XRP is now 17% shy of its $3.40 ATH, thanks to a 124% jump in daily new addresses this month β€” from 3,600 to 8,100. This fresh wave of buyers is injecting new capital, boosting price despite broader market uncertainty.

πŸ“Š Technical Indicators Flash Bullish
RSI has crossed 70, entering overbought territory. Historically, XRP rallied hard under these conditions (387% in Nov 2024). While such extremes are unlikely now, the current momentum suggests further upside is possible if new buying persists.

⚠️ Resistance Ahead
XRP trades at $2.89, just below the key $3.00 barrier. Breaking and holding above $3 could open the path to the ATH at $3.40. But if profit-taking triggers, a drop to $2.65 could test the bullish setup.

Top comments (0)