$XRP

Here's a concise analysis of XRP's current status as of **August 10, 2025**:

1. **Price Action**:

- Trading at **$3.21**, down **3.78%** over 24 hours .

- Facing strong resistance at **$3.34–$3.35** (upper trendline of a descending triangle) .

- Key support at **$3.14–$3.15**, with a breakdown risk toward **$2.87–$2.90** if breached .

2. **Technical Indicators**:

- **Mixed signals**:

- Short-term bullish edge (DMI: +DI 25.09 > -DI 23.76) .

- Bearish MACD and low volume (-20%) suggest consolidation .

- **Bullish factors**: Holding above EMA20/50 ($3.18–$3.21) and Supertrend support ($3.098) .

3. **Catalysts**:

- **Legal clarity**: SEC lawsuit resolution has boosted institutional confidence .

- **Whale activity**: $2.23M outflow from exchanges (Aug 9), signaling accumulation .

- **Larsen's sale**: Co-founder's 50M XRP dump had minimal impact (0.085% of supply) .

4. **Short-Term Outlook**:

- **Bullish if**: Break above $3.35 triggers move to $3.55–$3.56 .

- **Bearish if**: Rejection at resistance retests $3.09, risking drop to $2.80 .

**Sentiment**: **Cautiously bullish** mid-term, but consolidation likely until volatility resolves .

*For real-time data, refer to [Yahoo Finance](https://finance.yahoo.com/quote/XRP-USD/history/) .*