The XRP Ledger recorded a reversal in one of its most relevant usage indicators: the average number of transactions processed stopped declining and began recovering from local lows, sitting near 60 transactions according to recent network data.
While the increase is modest in absolute terms, it represents an important trend reversal after weeks of sustained contraction in on-chain activity. Unlike speculative metrics, transactions per ledger reflect real network usage, so their recovery suggests a gradual return of users and applications to the XRP ecosystem.
Meanwhile, XRP is trading around $1.09, pressing against a bearish resistance level while the ascending support continues to hold the token’s structure.
The RSI stabilized near the neutral level of 46 after recovering from oversold conditions recorded earlier in the summer. Sellers failed to sustain drops below the support range of $1.00 to $1.03, indicating a progressive loss of bearish momentum.
The most relevant resistance sits between $1.10 and $1.13, a zone where the 50, 100, and 200-day moving averages converge. A breakout above that level would confirm the break of the technical triangle and reinforce the recovery scenario for XRP.
Source:Â https://xrpscan.com/metrics
Disclaimer:Â Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions
