XRP Price Plummets as Active Addresses Dive 53%

XRP Price Faces Pressure as Active Addresses Plunge 53% in a Month

XRP price has dropped nearly 4% in the last 24 hours and is down 21% over the past 30 days, bringing its market cap to $144 billion. The decline comes as key technical indicators flash warning signs, with the Chaikin Money Flow (CMF) hitting its lowest level since June 2022 and active addresses dropping by 53% in the past month.

Additionally, XRP’s EMA lines are forming a death cross, signaling the potential for further downside if the trend continues. With momentum weakening, XRP now faces a critical moment, as traders watch whether the price stabilizes or risks a deeper correction.

XRP CMF Is Breaking Negative Records

XRP Chaikin Money Flow (CMF) has dropped to -0.27, continuing a steady decline from 0.30 three days ago. The CMF indicator measures buying and selling pressure by analyzing both price and volume. Values above zero indicate accumulation, and below zero signal distribution.

A sustained decline in CMF suggests that selling pressure is increasing, with more capital flowing out of XRP than into it. This downward trend reflects weakening bullish momentum and could indicate that investors are offloading their positions.

This is XRP lowest CMF reading since June 2022, a concerning signal for price action. Historically, prolonged negative CMF levels have preceded extended downtrends, as they indicate persistent capital outflows.

If the indicator remains in negative territory or continues to decline, XRP could face further selling pressure, increasing the risk of deeper price losses. However, if CMF starts recovering and moves closer to zero, it could suggest stabilization, giving bulls a chance to regain control.

XRP Active Addresses Corrected By 53% In the Last Month

XRP 7-day active addresses have plummeted to 190,470, marking a sharp 53% decline from the 407,000 recorded on January 20. This metric tracks the number of unique addresses involved in transactions over a seven-day period, serving as a key indicator of network activity and overall user engagement.

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