$XRP XRP has recently experienced notable price movements and shifts in on-chain activity.
Price Surge 🚀
XRP’s price has risen to approximately $2.58, marking a 2.46% increase in the last 24 hours. 
Declining On-Chain Metrics 📉
Despite the price increase, on-chain metrics indicate reduced network activity:
• Payment Volume: There’s been a significant drop of about 97% from a peak of 3.7 billion XRP on December 2. 
• Active Accounts: The number of active accounts has decreased from over 100,000 during the late November rally to below 50,000.
Technical Outlook 🔍
XRP faces resistance around $2.73 and has support near $2.10, aligning with the 50-day EMA. 
Investor Considerations 💡
The divergence between price and on-chain activity suggests caution. Sustained price growth may depend on increased network engagement and transaction volumes.