$XRP kicked off August under pressure: prices slipped as low as $2.89, before modestly climbing back above $3.00 amid rising market uncertainty 
The key signal to watch: spot trading volume remains muted at ~$168 million, suggesting sellers are losing steam and possibly exhausted
Meanwhile, recent $41.4 million in XRP long liquidations could trigger a short squeeze if bullish demand returns 
On the technical front, support sits around the 50‑day EMA near $2.77, and resistance clusters between $3.00–$3.32.
With RSI sliding and a MACD sell signal in play, XRP may consolidate before any meaningful rebound unfolds.
