XRP on-chain activity surged over 500%, driven by a record 844 million tokens settled on Aug. 18 on the XRP Ledger. This jump in settlement volume may signal accumulation that supports the $2.90 support zone and could precede a price re-acceleration if flows persist.
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Placement on market
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Bearish scenario
XRP on-chain activity surged 500% with 844M tokens settled on Aug. 18 — monitor settlement volume and trendline for trading signals. Read on for price scenarios and key indicators.
What is driving the recent XRP on-chain activity spike?
XRP on-chain activity jumped dramatically, led by a 500% rise in payments between accounts and a record 844 million token settlement on Aug. 18. This surge in settlement volume indicates heightened utility and could precede accumulation if flows remain elevated.
How significant was the 844 million XRP settlement?
The 844 million XRP record is notable because on-chain settlements outpaced typical daily flows by multiples. On-chain volume rose over 500% versus average daily payments, signaling increased network usage and possible off-exchange movement of tokens.
Placement on market
Technically, XRP is testing a critical support area at $2.90 after retreating from regional highs around $3.50. The price remains just above a July ascending trendline that still defines the short-term structure. Momentum indicators present a mixed view: exchange-based daily trading volumes have declined from early-August peaks and the RSI trend is softening.
One key market divergence is between low exchange volumes and elevated on-chain settlement activity. Sustained high settlement and utility flows can support accumulation and help defend the $2.90 support zone if the pattern continues.
How could price move in bullish and bearish scenarios?
Short-term outcomes hinge on whether on-chain flows translate into exchange demand. A decisive bounce above $3.05 would strengthen the bullish case and open a retest of the $3.40–$3.60 range. Conversely, a break below the July ascending trendline would weaken structure and raise the probability of a slide toward the $2.70–$2.75 area, near the 100-day moving average.
| Scenario | Key Levels | Indicative Signals |
|---|---|---|
| Bullish | $3.05 breakout → $3.40–$3.60 | Rising settlement volume, rising exchange inflows, improving RSI |
| Bearish | Break trendline → $2.70–$2.75 | Falling exchange volume, declining RSI, lack of settlement-to-exchange conversion |
What indicators should traders monitor?
Monitor on-chain settlement volume, exchange inflows/outflows, RSI, and the 100-day moving average. Continued high settlement volume combined with rising exchange inflows would be a stronger accumulation signal than settlement activity alone.
Frequently Asked Questions
How long could the elevated settlement volumes influence price?
Elevated settlement volumes can affect price as long as they persist and convert into exchange buying pressure. If high on-chain flows continue for multiple days or weeks and coincide with rising exchange inflows, the probability of upward price pressure increases.
What should I watch right now for a trading signal?
Watch for a close above $3.05 with rising exchange volume and improving RSI, or a confirmed break below the July ascending trendline that targets $2.70–$2.75. Combine on-chain settlement trends with exchange flows before acting.
Key Takeaways
- Record settlements: 844M XRP were paid on Aug. 18, a >500% rise versus averages.
- Critical levels: Support at $2.90; bullish above $3.05, bearish below the July trendline toward $2.70–$2.75.
- Actionable insight: Require settlement-to-exchange conversion plus technical confirmation before positioning.
Conclusion
This report by COINOTAG shows a marked increase in XRP on-chain activity with 844 million tokens settled on Aug. 18 and a >500% jump in payments. Traders should monitor settlement volume, exchange inflows, RSI, trendline integrity, and the 100-day moving average to distinguish accumulation from technical pressure. Continue tracking these indicators for timely trading decisions.
Published: 2025-08-20 • Updated: 2025-08-20 • Author: COINOTAG
