67% Surge in Ripple Activity: XRP’s Mysterious Awakening or Just Another Flash in the Pan?

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In Short:

  • One of Ripple’s critical metrics, the pulse of the network’s heartbeat, has just soared, defying its previous sleepy decline.
  • Pair that with some technical mumbo-jumbo, and it seems like a juicy price jump for XRP is lurking on the horizon.

The metric in question, the number of active XRP addresses, had been performing its best impression of a sluggish snail, shrinking by almost half in the span of a month. A red flag? Absolutely. It painted a picture of a network gathering dust, with users too bored to even glance at it.

But hold your horses – enter Ali Martinez, the crypto Sherlock, who spotted a 67.5% surge in active addresses just last Sunday. And surprise, surprise, this happened despite a weekend that was about as thrilling as watching paint dry and a trading volume that could barely fill a teacup.

$XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366!

— Ali (@ali_charts) April 21, 2025

Now, some might say that this sudden jump is a sign of life—like a wild surge of energy from a creature thought to be extinct. Ali also mentioned that XRP seems to be shaping up a lovely “inverse head and shoulders” pattern. No, not a fashion statement, but a classic chart setup that’s got some analysts saying XRP could rocket to $2.7. This could be a 30% surge from the current ~$2.1 level, and that’s about as fun as a rollercoaster ride. 🎢

$XRP appears to be forming an inverse head and shoulders pattern, signaling a potential bullish breakout toward $2.70.

— Ali (@ali_charts) April 21, 2025

And if that’s not enough, the Bollinger Bands are squeezed tighter than a kid in a school uniform, signaling that XRP might be ready to make its move. The only question is: is it going up, or are we in for yet another trip to the dreaded $1.80 land? Stay tuned…

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2025-04-22 09:09