Price Prediction
XRP Ledger Payments Volume Drops 72%
Activity on the XRP Ledger has dropped sharply, with payment volume falling to 119.5 million XRP on October 17, a 72.3% drop from the 30-day average of 629.3 million. The price of XRP has also fallen from a September high of around $1.66 to near $1.30, trading below the 50, 100, and 200-day moving averages. The RSI is near 40, indicating weak momentum, and the price drop and weak chart suggest a risk of a break beneath $1.25 if ledger activity remains low.