🚀 XRP Holds $2.75: Is the Next Big Move Coming?
📉 Market Snapshot (Aug 3, 2025):
XRP dropped from $3.02 → $2.75 (-9% in 24h) before slight recovery at $2.82.
Trading volume spiked 183% above average, signaling high market activity.
(Source: CoinDesk)
---
🔹 Key Technical Levels
Support: $2.75 – $2.76 (Strong buyers spotted)
Resistance: $2.84 – $2.85 (Price struggling to break)
Watch: A breakout above $2.85 could push XRP back toward $3.00+.
---
🔹 Why XRP Fell?
Global risk-off sentiment amid market uncertainty
Institutional selling pressure triggered a sharp decline
Slight accumulation interest seen around $2.75 zone
---
🔹 What Traders Are Watching
1️⃣ Will $2.75 support hold for a bullish bounce?
2️⃣ Can XRP reclaim $2.85+ for a short-term rally?
3️⃣ How will macro events & crypto market sentiment affect XRP next?
---
📌 Disclaimer: Crypto markets are volatile. DYOR (Do Your Own Research).
#XRP #CryptoNews #Altcoins #BinanceSquare #TradingTips #BullishOrBearish #CryptoMarketUpdate #Blockchain