{"id":75534,"date":"2026-03-09T15:16:31","date_gmt":"2026-03-09T15:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75534"},"modified":"2026-03-09T15:16:31","modified_gmt":"2026-03-09T15:16:31","slug":"xrp-ledger-is-rising-rapidly-in-this-main-metric-that-could-change-its-course","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75534","title":{"rendered":"XRP Ledger Is Rising Rapidly In This Main Metric That Could Change Its Course"},"content":{"rendered":"
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Crypto pundit CW has noted that transactions on the XRP Ledger (XRPL)<\/a> are rising rapidly, which presents a bullish outlook for XRP. The analyst noted how this is a positive signal and could indicate that a bullish reversal may be on the horizon for the altcoin.\u00a0<\/p>\n

Transactions On The XRP Ledger Are On The Rise<\/h2>\n

In an X post<\/a>, CW shared CryptoQuant data showing that transactions on the XRP Ledger are increasing. He noted that in a bear market<\/a>, investors generally leave the market, and transactions decrease. Meanwhile, an increase in transactions is a pattern that occurs before a rally.<\/p>\n

CW stated that the increase in transactions<\/a> on the XRP Ledger is a positive signal, especially given that it has rebounded strongly from the lows recorded in December 2024. The increase in this metric comes amid a market downtrend, partly due to increasing tensions between the U.S. and Iran<\/a>.\u00a0<\/p>\n

\"XRP\"<\/p>\n

Oil prices have continued to rise amid the U.S.-Iran war, reaching as high as $115 today, its highest level since 2022, putting XRP and the broader crypto market<\/a> at risk. On-chain analytics platform Glassnode recently revealed<\/a> that 36.8 billion XRPs are currently in loss at current levels, which translates to an unrealized loss of $50.8 billion.\u00a0<\/p>\n

Crypto analyst ChartNerd stated<\/a> that a big move is brewing for XRP based on this development. The analyst had alluded to the liquidity heatmap, noting that there was a liquidity stack to the downside between $1 and $1.20. He also revealed that there is a liquidity stack to the upside at $1.80. As such, XRP could drop to between $1.20 and $1 to grab the downside liquidity before it then rebounds to grab the liquidity at around $1.80.\u00a0<\/p>\n

Why XRP Could Still Drop To $0.7<\/h2>\n

In another X post<\/a>, ChartNerd predicted that XRP could still drop to $0.7. He noted that this prediction is partly based on Bitcoin\u2019s structure<\/a> and the tendency to follow 4-year cyclical behavior, with prices topping out in the fourth quarter of last year. The analyst added that mid-term years, such as this year, are also historically bearish for crypto.\u00a0<\/p>\n

ChartNerd said that XRP could rebound sooner, alongside Bitcoin and the broader market. However, he noted that Bitcoin\u2019s structure repeats like clockwork during typical bearish mid-term years and bear markets. As such, the analyst remarked that it is important for BTC to hold the support<\/a> on its $60,000 low to invalidate a decline towards $50,000 to $40,000, which could open the door for XRP to drop towards $0.70.\u00a0<\/p>\n

At the time of writing, the XRP price is trading at around $1.35, up in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto pundit CW has noted that transactions on the XRP Ledger (XRPL) are rising rapidly, which presents a bullish outlook for XRP. The analyst noted how this is a positive signal and could indicate that a bullish reversal may be on the horizon for the altcoin.\u00a0 Transactions On The XRP Ledger Are On The Rise […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-75534","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75534"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75534\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}