XRP Ledger Payment Volume Plunges 72% in a Single Day
- —October 17 payment volume was 119.5 million XRP versus a 629.3 million average
- —About 37.5 million XRP moved on October 18, another 68.6% decline
- —XRP at $1.30 sits below moving averages of $1.34–$1.38, RSI near 40
- —Nearest support is $1.25–$1.27, with $1.15 in view below that
Why it matters: Weak on-chain activity combined with the price decline raises the risk of a break below $1.25 and a move toward $1.15.
Source: U.Today