The number of active XRP addresses, a crucial metric showcasing the overall interest and use case of Ripple's network, has seen a 67.5% surge on a daily scale.
The growing usage of the XRP network by more active addresses and the formation of an inverse head and shoulders pattern are considered bullish signs, suggesting a potential price surge for XRP to $2.70.
The squeezing Bollinger Bands indicate that XRP's consolidation is coming to an end, signaling an upcoming significant move.
These indicators point towards a major rally for XRP.