XRP adds 4,300 new wallets in 24 hours, but why is price stuck?
Hex37's read
- XRP Ledger saw 4,300 new wallet creations in a 24-hour period.
- Despite increased network activity, XRP price remains stagnant.
- Strong market resistance is currently capping upward price movement.
What it means for traders
- High network growth without price action suggests accumulation or heavy selling pressure at current resistance.
- Monitor for a breakout above key resistance levels to confirm if network growth will translate to price gains.
Affected markets
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