XRP Ledger Activity Slumps: 80% Payment Drop Signals Bearish Pressure
U.Today reports an “80% XRP Ledger drop,” highlighting weakening real-world usage on the XRP Ledger. The article says the number of payments has fallen sharply versus prior peaks, and active accounts have also declined, suggesting fewer participants rather than temporary noise.
On price, XRP remains pressured beneath key moving averages and is repeatedly rejected at the 50 EMA. While XRP is still leaning on a small upward trendline, the support is described as weakening. The chart is “compressing under resistance” instead of building strength, and the piece argues there is no strong catalyst to flip momentum.
Because XRP’s narrative has historically depended on network and utility throughput, the declining XRP Ledger metrics reduce the fundamentals that could support demand. The author concludes the alignment of technical weakness and on-chain deterioration points in the same direction—downward—and warns that if rising support breaks, XRP could revisit lower levels with a slower recovery.
For traders, the key takeaway is that XRP’s short-term setup looks fragile: deteriorating on-chain participation paired with resistance failure increases downside risk and may keep rallies capped until network activity stabilizes or a clear catalyst emerges.
Bearish
The article’s bearish thesis is driven by two aligned signals: (1) a sharp drop in XRP Ledger payments and active accounts, and (2) price weakness under the 50 EMA with resistance rejection. Historically, when on-chain activity and participation decline together, it often reduces the market’s willingness to bid for upside—especially when the chart is already technically strained. In similar past cycles, XRP has tended to struggle when utility/throughput narratives weaken at the same time as moving-average resistance holds.
Short-term impact: traders may treat this as a risk-off factor for XRP rallies, favoring either selling pressure near resistance or tighter risk controls while waiting for on-chain stabilization. The noted “support weakening” increases the probability of a breakdown move if momentum fails.
Long-term impact: if the payment/active-account trend persists, it can delay the re-accumulation phase and keep demand muted, even if broader market sentiment turns supportive. A durable long-term bullish turn typically requires both—technical improvement (clear breakout/hold) and renewed XRP Ledger participation (payments and active users rising).