In the past day, #xrp experienced a 'roller coaster'—first plummeting from $3.34 to $3.20 (a drop of a full 5%), which startled investors, and then it stubbornly climbed back to $3.30. The maximum fluctuation was $0.17, with a volatility of 5.24%, comparable to a strong coffee.
The hour from 14:00 to 15:00 became the peak of selling, with the price crashing from $3.36 to $3.20, and the trading volume soaring to 209.67 million in just one hour, breaking the daily record. Fortunately, buyers were alert and fiercely defended the position at around $3.20, finally pulling the price back to $3.33 before 19:00.
Currently, short-term resistance is in the $3.31-$3.33 range, with support still around $3.20. In simple terms—bulls are positioned at the bottom, while bears are blocking at the top; who breaks through first may determine the next direction.