XRP May Extend Recovery After $2.8 Support Holds Amid Network Activity Surge

• Support zone holds

• Network’s surge with higher account activations and volume

• EMA convergence underpins momentum; $3.0 is the next psychological hurdle

XRP price recovery: bounce from $2.8 preserved bullish momentum—watch $3.0 resistance and rising on-chain activity. Read analysis and key takeaways.

What is XRP’s current recovery outlook?

XRP price recovery is defined by a resilient bounce from the $2.80 support that reinforced the market’s bullish structure. Short-term EMA convergence and rising on‑chain activity indicate higher odds of continuation toward the $3.2–$3.5 range if $2.80 remains intact.

How did the $2.8 support zone influence price action?

The $2.8 support acted as a critical technical floor where buyers stepped in decisively. When the price tested this level, strong buying pressure prevented a larger correction and preserved gains made since July. A breakdown below $2.8 would likely reopen downside risk.

• EMA convergence: The 26 and 50 EMAs converged near $2.8, giving technical credence to the bounce.

• Momentum signal: Short-term momentum indicators turned neutral-to-bullish after the rebound.

• Risk threshold: Failure to hold $2.8 increases probability of a deeper correction.

XRP/USDT Chart by TradingView

Why does on-chain network activity matter now?

Network activity has shown a meaningful uptick in recent weeks, marked by higher transaction counts and new account activations. This reinforces demand-side fundamentals and suggests both retail and institutional participants have increased engagement with the XRP ledger.

Stronger on‑chain metrics reduce the likelihood that this price move is purely speculative, offering a firmer foundation for sustained gains. On-chain indicators should be monitored alongside technicals for confirmation.

Frequently Asked Questions

Will XRP reach $3.5 after this recovery?

Reaching $3.5 is plausible if price holds above $2.80 and continues to outpace resistance at $3.0, supported by EMA momentum and persistent on‑chain growth. Traders should watch volume and order flow for conviction.

How should traders manage risk around $2.80?

Use $2.80 as a structural support level for stop placement or position sizing. If $2.80 is breached with increasing volume, consider reducing exposure or waiting for a clear retest above the EMAs before re-entering.

Comparison of Key Levels

Key Takeaways

• Support preserved: $2.80 held as a decisive support, preventing a larger correction.
• Technical confirmation: EMA convergence provided momentum support for the rebound.
• On‑chain backing: Increased network activity strengthens the recovery thesis and suggests broader participation.

Conclusion

By bouncing from the $2.80 support zone, XRP not only avoided a deeper correction but also established conditions for further upside. XRP price recovery now hinges on maintaining levels above the short-term EMAs and clearing the $3.0 resistance; continued on‑chain growth would support a move toward $3.2–$3.5. Monitor technicals and network metrics for confirmation.

By COINOTAG — Published: 2025-08-24 — Updated: 2025-08-24