The price of XRP has risen by 232% in the past 30 days, and its on chain indicators are also showing positive signs of recovery. XRPSCAN data shows that the number of active accounts or unique senders on the XRP network increased from 15592 on November 1 to 47044 on November 16. The total number of active accounts in November doubled on average (an increase of 100%) from around 12000 to 25000 this month. Similarly, the number of new accounts activated on the XRP ledger in November also increased significantly, indicating a large influx of new users on the network. Analysis suggests that the current XRP target price may be between $1.95 and $2.05, but it should be noted that since November 16th, there has been an inverse correlation between XRP price and trading volume, indicating that XRP is undergoing a distribution phase and market traders may be seeking to sell.