Ripple (XRP) on-chain activity shows an increase in activity among XRP traders.
Ripple active addresses climbed over 30% on Tuesday, per Santiment data. XRP traders await the end of the SEC’s lawsuit against Ripple , expected by July 31. Ripple investors realized over $144 million in losses in July. XRP hovers around $0.43 on Tuesday, adding nearly 1% value to the altcoin. Ripple on-chain activity shows an increase in activity among XRP traders. The number of active traders increased on Tuesday, meaning XRP is gaining relevance among market participants.
Since then, the RSI indicator has climbed to 37.89, signaling strength in Ripple’s uptrend. XRP could climb to the upper boundary of the Fair Value Gap at $0.4611, as seen in the chart below. The altcoin faces resistance at the psychologically important $0.50 level. XRP/USDT daily chart A daily candlestick close below support at $0.4032 could invalidate the bullish thesis and send XRP to retest the July 5 low of $0.3823.
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