XRP Could Be Stabilizing Above 200-Day Moving Average as On-Chain Activity Persists

• XRP pricing holds critical support near the 200‑day MA

• On‑chain activity remains strong with daily transactions typically exceeding one million once final confirmations settle

• New account creation and EMA convergence near $2.70 are the next technical triggers to monitor

XRP update: on‑chain activity and technical support show recovery above key levels—read COINOTAG’s concise analysis and next price zones to watch.

Published: Oct 16, 2025 — Updated: Oct 16, 2025 | COINOTAG

What is driving XRP’s recovery?

XRP has regained composure after recent declines by holding above the 200‑day moving average, supported by steady on‑chain throughput and ongoing new account creation. These factors suggest the move lower was a correction inside an established consolidation rather than the start of a long‑term breakdown.

How healthy is XRP’s on-chain activity and usage?

Network metrics from the XRP Ledger indicate persistently high transaction volumes. Reported figures show daily transactions typically finalizing above 1 million once confirmation cycles complete, though short‑term live counts may appear near ~800,000 pending finalization. On Oct. 15, the ledger registered more than 4,400 newly activated accounts, demonstrating continued user onboarding and retention.

These metrics—plain text references to XRP Ledger metrics and TradingView chart observations—underscore steady utilization: transaction throughput is not consistent with waning demand. COINOTAG markets analysis notes that sustained high throughput and new account churn point to ongoing ecosystem engagement even during price corrections.

XRP/USDT Chart by TradingView

Technical overview: where are the key levels?

From a technical standpoint, XRP has bounced off the long‑term support region near the 200‑day moving average. Shorter EMAs—specifically the 50‑day and 100‑day EMAs—converge around $2.70, creating a decisive near‑term resistance zone. A sustained break above that area could open a retest of the upper consolidation trendline between $2.85 and $2.90. Conversely, decisive failure below the recent $2.30–$2.40 structural floor would shift the technical picture toward deeper consolidation.

COINOTAG senior market analyst commented: “On‑chain metrics remain the clearest signal of health. As long as transaction throughput and account growth persist, price weakness is more likely a temporary correction than a systemic decline.” This internal expert perspective is based on analysis of ledger data and public charting indicators.

Frequently Asked Questions

Is XRP still in the 1 Million Transactions Club?

Yes. XRP remains a frequent performer in daily transaction tallies. Although live counts may temporarily show ~800,000 pending confirmations, final daily totals commonly exceed 1 million transactions after full settlement cycles complete, reflecting ongoing network activity and demand.

How is XRP doing today?

XRP is trading above its key long‑term support and showing signs of stabilization. On‑chain activity and new account creation remain firm; the immediate technical focus is the $2.70 EMA convergence area—clear movement above or below that zone will shape short‑term momentum.

Key Takeaways

• Support intact: XRP is holding above its 200‑day moving average, preserving the structural floor.
• Network resilience: Transaction throughput and new account metrics point to sustained usage despite price volatility.
• Watch $2.70: 50/100‑day EMA convergence near $2.70 is the key inflection; a break above could resume upward momentum.

Conclusion

COINOTAG analysis shows that XRP remains structurally resilient: long‑term support holds, on‑chain metrics show continued engagement, and short‑term technicals center on a decisive EMA convergence near $2.70. Monitor ledger statistics and EMA behavior for confirmation; COINOTAG will provide timely updates as new data emerges.

Sources: XRP Ledger metrics, TradingView chart data, COINOTAG analysis.