On-chain metrics revealed rising activity, with declining exchange reserves seen toohas reasserted itself as a dominant force in the cryptocurrency market. After surging by over 16% in just 24 hours to hit $0.9342, the token’s momentum has now captured widespread attention.
For example – The stochastic RSI had an extreme reading of 97.56, indicating that XRP was in overbought territory at press time. Therefore, breaking through the $1 level might be achievable in the near term. If that happens, $2 will be a realistic mid-term target if momentum holds.XRP whales have significantly contributed to this rally by accumulating over 320 million tokens in just 72 hours.
As whale activity often precedes major price moves, this trend means XRP’s rally may have further room to grow.On-chain metrics further supported XRP’s bullish outlook. Active addresses rose by 1.17%, climbing to 27,421.