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Ripple (XRP) Price Analysis: What Next for XRP after 12% Surge in Network Transactions

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Summary
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78% Informative

Ripple (XRP) price has stabilized at the $ 2.40 mark over the last two days , signaling a potential bottom formation.

XRP network transactions have surged by 12% since the broader crypto market sell-off subsided on February 6 .

The MACD indicator remains bearish but showing early signs of a reversal as selling momentum fades.

The surge in on-chain activity indicates that market participants are returning with renewed confidence, supporting a bullish breakout.

Ripple (XRP) Price Analysis: What Next for XRP after 12% Surge in Network Transactions ? For now, XRP remains in a consolidation phase, with traders closely watching for a breakout above $2.50 to confirm bullish continuation.

If bullish volume fails to pick up, the XRP could dip towards $ 218 before finding stronger support.

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