[Data: XRP active accounts grew 100% in November] Golden Finance reported that XRP prices have risen 232% in the past 30 days, and its on-chain indicators also showed positive signs of recovery. Xrpscan data showed that the number of active accounts or unique senders on the XRP network increased from 15,592 on November 1 to 47,044 on November 16. The total number of active accounts doubled on average in November (up 100%) from about 12,000 to 25,000 this month. Similarly, the number of new accounts activated on the XRP ledger in November also increased significantly, indicating a large influx of new users on the network. Analysis believes that the current XRP target price may be between $1.95 and $2.05, but it should be noted that since November 16, XRP prices and trading volumes have shown an inverse correlation, indicating that XRP is going through a distribution phase and market traders may be looking to sell.

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