XRP Slips Below $1.32 Support as On-Chain Signals Hint at 50% Rebound

XRP has fallen under the long-held $1.32 support and is trading around $1.15 after a sharp selloff pushed it below major moving averages. The report highlights three XRP Ledger on-chain readings—payment activity above one million transactions per day for much of the prior month, payment-volume spikes including one over 1.5 billion XRP, and still-elevated active users—as signs the decline may be nearing exhaustion. A recovery would likely need $1.32 reclaimed first, with the 200-day moving average near $1.70 cited as the next key area.