XRP Faces Prolonged Decline as 1,000,000 Tokens Move On-Chain in 24 Hours

XRP remains locked in a downward price channel, trading below key moving averages even as roughly one million XRP shifted across the network in the last 24 hours. On-chain activity and active address counts have risen, hinting at accumulation despite the asset's struggle to reclaim resistance near the mid-$2 area. Technical signals such as a neutral-leaning RSI and repeated holds at local lows suggest selling pressure may be easing while the market waits for a decisive breakout.