XRP Dives Below $1.32 Support as On-Chain Signals Hint at Turnaround

XRP has fallen below the critical $1.32 support level on its daily chart, a threshold that had helped stabilize prices for months.

The cryptocurrency now trades near $1.15 after a sharp wave of selling drove it below all major moving averages.

Despite the recent price slide, payment activity on the XRP Ledger has continued to run high, emerging as a key indicator.

Daily transaction counts remained above 1 million for most of the past month, showing that network usage has not declined in lockstep with the price.