After the markets went through a rough phase of turbulent trade as a result of President Trump”s tariffs, they are getting on their redemption paths. This has brought about the confidence of investors nudged anew.

The market has picked itself up from the previous onslaught by the U.S. Democrats and Canada, under the May Trump administration (with its tariffs), to select a different way forward to relieve investors.

The big news that gave green light to market-wide recovery commenced with a statement from the U.S. Secretary of Commerce indicating that tariffs on Canada and Mexico could be rolled back. XRP, within hardly 48 hours, gushed into the scene with a 10% upward move from a low of $2,27 to a high of $2,51.

Explosive Growth Across On-Chain Activity Of XRP

Despite the immediate new price drawdown, on-chain data tells a story of active XRP accumulation by investors. On-chain analyst Ali Martinez confirmed the gain in active XRP addresses moved to an impressive 620 % up in a week of 74,589 active addresses — 462,650 were recorded this time. Such network activities and occurrences within it, typically would always point to some bullish occurrences ahead of any change in market sentiment.

Will XRP Be Able to Break That Key Resistance?

Currently, XRP is testing a significant resistance zone around USD 2,51 after retracing from its 100-Day Simple Moving Average”s robust support. Any decisive move above which could send price action toward the upper limit of the ascending channel, presenting a price target between $3,50 and $3,75.

It is noteworthy that the MACD is still showing bearish pressure. If some early signals of a potential bullish crossover surface, it could prove the trend reversal.

For traders, the most important point to watch is the daily close of XRP. If the coin closes above $2,58, that signals a recovery, but any rejection at the resistance may further delay the bullish momentum.