XRP’s Network Activity Fuels Price Surge: Bullish Chart Patterns Emerge

Over the past week, XRP witnessed a significant surge in network activity, with active addresses increasing by over 67%. This spike, according to Glassnode data, moved from 27,352 on April 11 to 40,366 by April 20. Interestingly, while this growth coincided with XRP’s price hovering near $2.10, a bullish chart pattern began to take shape. Traders and analysts closely observe this as the network activity may indicate a shift towards a bullish trend.