#Xrp🔥🔥 Here is the analysis of the XRP currency for August 6, 2025:
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📊 Price Movement Overview (in USD)
Highest Recorded Price: Approximately $3.04
Lowest Recorded Price: Approximately $2.91
Closing Near: $3.00 after sharp fluctuations on the same day.
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🔍 Technical and Market Context
The overall trend is medium-term
XRP has risen from levels below $2.80, but has struggled to break through the $3.00 - $3.10 range.
Resistance and Support Areas
Main Resistances: $3.04 - $3.14, then $3.30 - $3.34
Main Supports: $2.93, then $2.80, and if the decline continues we may see strong support near $2.40
Whale Activity and Trading Volume
A massive transfer of ~58 million dollars was observed on August 5, which temporarily lifted the price above $3.07.
Net outflows from exchanges reached 29.4 million XRP within 24 hours, which may indicate an intention to accumulate.
Trading volume increased to ~169 million XRP (3 times
Here is the analysis of the XRP currency for August 6, 2025 in Arabic:
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📊 Price Movement Overview (in USD)
Highest Recorded Price: Approximately $3.04
Lowest Recorded Price: Approximately $2.91
Closing Near: $3.00 after sharp fluctuations on the same day.
---
🔍 Technical and Market Context
XRP has risen from levels below $2.80, but has struggled to break through the $3.00 - $3.10 range.
Resistance and Support Areas
Main Resistances: $3.04 - $3.14, then $3.30 - $3.34
Main Supports: $2.93, then $2.80, and if the decline continues we may see strong support near $2.40
