Xrp ledger printing one million daily payments is a rare and significant on-chain metric, indicating strong network usage despite price suppression. this fundamental strength, combined with technical indicators suggesting a 'turning point' from a descending channel, points to a potentially significant price movement.
The analysis combines both technical charting (descending channel, emas, support levels) with strong on-chain data (daily payments, payment volume spikes). historical context is provided for the impact of the one million payments threshold, enhancing the credibility of the analysis.
The article highlights higher local lows, consistent support, and the one million daily payments metric undermining bearish narratives. historically, this on-chain threshold has led to increased volatility. while a breakout is not guaranteed, the overall sentiment points to a weakening downtrend and a strong potential for an upward shift or at least a significant rebound from current levels.
Historically, an increase in volatility following the one million payments threshold typically occurs 'within a few days or weeks', suggesting an imminent price action.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News XRP staying down XRP's upcoming volatility boost Advertisement Since early October, XRP's trend has been defined by a wide descending channel that is still stuck inside. Every attempt to break above the upper boundary has been thwarted by diminishing volume, lower highs and ongoing pressure from the major moving averages — particularly the 50-day and 100-day EMAs, which are still sloping downward . XRP staying down Although this keeps XRP in a controlled downtrend, structurally, the asset is finally nearing a turning point given that the price is currently testing the channel's midrange once more. The market's response around $2.05-$2.10, a support area that has consistently absorbed selling without permitting acceleration to the downside, provides the first significant signal. Higher local lows have been produced by each retest, which is frequently the first indication that a downtrend is losing steam. XRP/USDT Chart by TradingView A breakout would become the central scenario if XRP were to maintain that base and move toward the upper boundary of the channel, which is located between $2.22 and $2.27. But cost is not the whole picture. The payments data from XRP Ledger provides the deeper signal. The most recent spike above 1,000,000 daily payments indicates that the network is maintaining high usage despite price suppression, which is a psychological and functional threshold. HOT Stories Morning Crypto Report: XRP Ready to Unlock Solana, Shiba Inu (SHIB) Rockets 30% in Volume, SpaceX Moves $100 Million in Bitcoin While Elon Musk Stays Silent Saylor’s 'Buy Every Bitcoin' Strategy Mocked by Schiff XRP Gets Institutional Boost with Flagship Index Crypto Market Prediction: Enormous Shiba Inu (SHIB) Divergence Printed, Ethereum (ETH) Scorching Local Resistance, Is XRP Downtrend Ending? XRP's upcoming volatility boost In the past, when XRP payments crossed this threshold and remained there, the asset typically saw an increase in volatility within a few days or weeks. Although utility creates a floor under the market and undermines bearish narratives, it does not ensure bullish price action. Advertisement This is further supported by the payment volume chart, which shows that over the last three months, transfers between accounts have been steadily rising, with multiple spikes hitting or surpassing the multibillion-dollar equivalent. This suggests that even though speculative liquidity has decreased, bigger players — payment processors, liquidity providers and whales — remain engaged. You Might Also Like Tue, 12/09/2025 - 15:45 XRP Upgrade Imminent: Major Amendment Just Days Away By Tomiwabold Olajide What comes next? The point at which XRP's downward trend either ends or resets sharply is getting closer. The most obvious indication of a trend reversal would be a breakout above the channel, along with consistent payments above the one million mark. If that does not happen, the asset may drift back toward $2.00, but the on-chain activity will prevent the structural weakness that was previously observed. Advertisement #XRP #XRP Price Analysis