XRP Price May Be Bearish Below $2, But On-Chain Data Tells A Different Story

XRP’s recent price action in recent weeks has been under selling pressure, with the cryptocurrency struggling to reclaim the psychologically important $2 level. From a technical standpoint, the structure still leans bearish and lacks strong upside momentum.  However, beneath this subdued price behavior, activity on the XRP Ledger points to a more complex context that conflicts with what is visible on price charts alone. XRP Price Weakness Meets Notable Network Activity XRP’s price has been trading below $2 over the past few weeks, and this level has repeatedly acted as resistance during recovery attempts. Momentum indicators like the 50-, 100- and 200-day simple moving averages are showing hesitation instead of sustained buying pressure, despite the inflow streak of ...