NewsCryptoXRP Tests Key 300-Week Moving Average as On-Chain Activity Surges

XRP Tests Key 300-Week Moving Average as On-Chain Activity Surges

Author: Tron Weekly·

Key Takeaways

  • XRP is trading at $1.38 with a market capitalization of $87.14 billion, down 2.79% in the past 24 hours.
  • Analyst EGRAG CRYPTO identifies the 300-week moving average near $1.03 as a critical long-term support zone for XRP.
  • If the moving average holds, analysts cite resistance at $1.65 and the $2.00–$2.80 zone, with larger targets including $15, $27, and $50.
  • On-chain data from BankXRP shows receiving addresses rising to 926,320 alongside increasing transactions per second.
  • Regulatory uncertainty, including proposed U.S. legislation such as the Clarity Act, could introduce price volatility.
XRP Tests Key 300-Week Moving Average as On-Chain Activity Surges

XRP is testing a critical long-term moving average zone, where a successful hold could confirm a broader bullish structure. The technical setup is supported by a surge in active receiving addresses and transaction rates, signaling accelerating network participation and potential long-term momentum.

At the time of writing, XRP is trading at $1.38, with a 24-hour trading volume of $1.38 million and a market capitalization of $87.14 billion (data via CoinMarketCap). Despite a 2.79% loss over the past 24 hours, the XRP price structure and on-chain activity point to a potential bullish reversal ahead.

XRP Eyes $50 While the 300-Week MA Becomes Key

According to crypto analyst EGRAG CRYPTO, XRP is approaching a critical long-term technical zone as traders watch the rising 300-week moving average near $1.03 (source: EGRAG CRYPTO on X).

A retest of the $1.00–$1.10 region would not necessarily signal weakness. Historically, reclaiming this indicator, followed by a retest and successful hold, has preceded renewed accumulation and broader upside expansion during major market cycles. The 300-week moving average is one of the longest-horizon trend indicators followed by crypto analysts, spanning roughly six years of price data, which is why its role as support is watched as a gauge of long-term structural strength rather than short-term price action.

If XRP can stay above the 300-week MA, focus might turn to $1.65 and the resistance zone between $2.00 and $2.80. A breakout from this zone would further reinforce the bullish setup and could set up larger price targets such as $15, $27, and possibly even $50. However, regulations such as the Clarity Act could create volatility, and the price setup will ultimately determine how that risk plays out. The Clarity Act is proposed U.S. legislation aimed at establishing a clearer regulatory framework for digital assets, including how tokens are classified — a long-running point of uncertainty for XRP following the SEC's 2020 case against Ripple, which was resolved in 2024 with a ruling that programmatic XRP sales on exchanges did not constitute securities offerings.

XRP On-Chain Metrics Flash a Major Activity Breakout

Data from BankXRP highlights an impressive rise in XRP on-chain activity, with the number of receiving addresses climbing as high as 926,320 — a notable increase from the levels depicted in the chart (source: BankXRP on X). Transactions per second are also rising, and the two measures together point to an uptick in network engagement.

The combination of increased addresses and transactions may signal revived interest from the XRP community, although it is impossible to conclude what is driving the movement or whether it will translate into a rise in price. Traders will likely watch this trend for its sustainability. Address and transaction counts on the XRP Ledger, which processes payments and token transfers with low fees and fast settlement, are commonly tracked as proxies for real network usage distinct from exchange-driven speculation.

Despite bullish price predictions and strong network growth, XRP is currently moving downward. This move is shaped by a cautious broader crypto market environment, with Bitcoin moving sideways after its recent surge.

What Happens Next?

Traders are closely watching whether the 300-week moving average can hold its support role while XRP attempts to regain the $1.65 level. Sustained growth in both receiving addresses and transactions could support a bullish trend for XRP; otherwise, momentum may stall.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.