Why does XRP's on-chain activity reach new highs, yet the price still struggles in a downward channel?

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【CryptoWorld】The recent performance of XRP Ledger is quite interesting—on-chain active users are approaching the recent high of 191,000, currently stable around 170,000 and gradually climbing. This should indicate a warming of network activity, but the price isn’t reflecting that.

From the K-line chart, XRP has been trapped in a downward channel, with major moving averages acting as a ceiling it can’t break through. Short-term support is firmly at the $1.85-$1.90 range, and to rebound, it needs to first reclaim the resistance zone of $2.10-$2.20.

Interestingly, there is a divergence between the fundamentals and the price trend. Exchange reserves are continuously decreasing, and open interest is shrinking, indicating that investors in the market remain cautious, with no one rushing to buy the dip. To truly reverse the situation, the key is whether these important price levels can be effectively reclaimed with sufficient trading volume, laying the foundation for a medium-term rebound.

XRP-0,42%
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StablecoinSkepticvip
· 2025-12-28 17:26
Activity increases, price drops—that's XRP's fate... Fundamental improvements ≠ buying interest arriving; the market isn't that naive.
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AlphaWhisperervip
· 2025-12-28 11:41
It's the classic scenario of strong fundamentals but ugly price action. When will XRP's problem ever get fixed...
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gaslight_gasfeezvip
· 2025-12-28 05:41
New high in activity but the price is still struggling, this is the current awkward situation for XRP... The fundamentals are diverging quite sharply, and no one dares to buy the dip, indicating everyone is aware of it.
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DeFi_Dad_Jokesvip
· 2025-12-26 16:29
With so many people, do prices still have to fall? This is the magical aspect of the crypto world, where fundamentals and candlestick charts are engaged in a cold war.
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GhostChainLoyalistvip
· 2025-12-26 16:23
This activity level and price are completely out of sync; it feels like the fundamentals are seriously undervalued...
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ContractBugHuntervip
· 2025-12-26 16:23
The fundamentals are so strong and activity is still increasing, but why can't the price just go up? It's really frustrating... We need trading volume to cooperate; otherwise, breaking below won't help.
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WalletAnxietyPatientvip
· 2025-12-26 16:21
Even with maximum activity, the price still has to fall. This is outrageous... Could it be the whales manipulating the market again?
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ColdWalletGuardianvip
· 2025-12-26 16:17
Activity increases, price drops, I've seen this trick before... Let's wait and see who dares to spend money at 2.1.
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BlockchainArchaeologistvip
· 2025-12-26 16:08
The fundamentals are so strong and the data is still rising, so why is the price still scraping the floor... It's really mysterious.
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BearMarketLightningvip
· 2025-12-26 16:06
It's the same old trick again. The activity level increases, but the price keeps falling—classic volume manipulation.
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