10-AUG

XRP$XRP

continues to trade beneath the crucial resistance level of $3.65, a price zone that has historically triggered notable selling pressure and marked the emergence of bearish patterns in previous market cycles. Current on-chain metrics further reinforce this cautious outlook, revealing signs that a significant portion of XRP holders are now sitting on unrealized profits. This scenario increases the likelihood of profit-taking activity, which could apply downward pressure on the asset’s price in the near term. Unless buying momentum strengthens to push XRP decisively above this key threshold, market sentiment may remain fragile, and short-term volatility could persist.