XRP On-Chain reach 1.35B spark 60% rally towards $3.4 breakout
XRP on-chain activity surge reach 1.35 billion XRP for daily transfer on August 2, e carry 60% price jump from $2.75 low go pass $2.97. Key technical signals strong: 26-day EMA hold support, RSI bounce from mid-50 line, e confirm say market don reset. Trade volume dey increase and consecutive green candle dem show say accumulation strong. Dis increase for XRP on-chain activity mean network demand dey rise and fit build base for steady growth. Traders dey look for strong breakout pass $3.20–$3.40 range to confirm full bullish reversal and second round of higher highs.
Bullish
Di 60% price rally wey record on-chain activity drive, plus EMA and RSI comeback, plus di trade volume dey increase and strong candle pattern dem, show say di short-term buying pressure strong. If on-chain transaction levels high steady, e mean say network fundamentals dey improve, wey fit support long-term growth. If e breakout confirmed pass $3.20–$3.40, e go prove say full bullish reversal dey happen, e go bring more momentum and fit carry XRP enter im next growth phase.