XRP payment volume hits a new high but falls short of expectations; technical indicators reveal key signals

【Crypto World】XRP transaction counts in the past 24 hours surged to 589 million, but it still lags behind the 1 billion target. The price has been under pressure below the daily moving average, and the bearish sentiment has not dissipated. However, based on the compressed candlestick chart and RSI levels, selling pressure is weakening — this is a signal.

Interestingly, although payment activity has decreased significantly compared to the previous wave of frantic speculation, it still remains at four times the baseline level, indicating that institutional users have not withdrawn, and the network is still operational. There are real applications running behind this.

From a technical perspective, there are signs of a potential reversal. The key support zone is between 1.85 and 1.90. Once this holds, the rebound target points to 2.20 to 2.40 — this is an area to watch closely in the near future. Overall, although the downward momentum has not been completely reversed, bottom signals are beginning to accumulate.