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XRP's Daily Active Addresses Could Indicate Another Price Pump, Following Historical Patterns

June 27 (Cointime) - XRP may be gearing up for a price increase based on historical patterns observed in past cycles, as seen in recent spikes in daily active addresses. Despite failing to hold above the $0.50 threshold during the latest market-wide rally, on-chain data suggests a potential pump if the pattern repeats itself.

The pattern involves a spike in XRP's daily active addresses, which has preceded the last three price jumps. The most recent spike in address activity occurred in the past four days, with daily active addresses consistently above 130K, indicating a possible price pump. However, this should not be taken as investment advice, as price trends can shift.

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