AI's take: Despite XRP's hourly chart showing a BTC-mirroring downtrend from $3, its strong hold above the 100-hour SMA and Ichimoku cloud at $2.81 signals underlying support. Record perpetual futures open interest and high funding rates indicate significant leveraged bullish demand, making a breakout above $3, towards $3.4, likely if current support holds.

Resistance: $3, $3.4

Support: $2.81, $2.6-$2.65, $2.38 $XRP