XRP Price Faces $1.40 Test Despite Record Wallet Growth
Photo: CoinCentral
TLDR XRP Ledger’s non-empty wallets reached a record 8.24 million, according to Santiment. Daily new-wallet creation climbed to 4,772, the fifth-largest increase since March. XRP faces an initial resistance test at $1.40, followed by the 1.5093–1.6667 zone. A developing inverse head and shoulders pattern suggests a possible move toward $2.0084 if buyers confirm a breakout. A decline below $1.30 could weaken the near-term recovery outlook. XRP price remains under pressure despite a record count of funded wallets on the XRP Ledger. A possible reversal pattern points toward $2, although several resistance levels still stand between the token and that target.
Source: CoinCentral
