🚨 XRP Price Update - August 10 🚨

🔹 In the hourly chart, XRP made a false break of the local support at $3.1618.

🔹 If the daily close remains far from that level, we could see a bounce towards $3.25.

🔹 In a broader time frame, the price continues to drop after failing to surpass $3.3338.

🔹 There are no clear signs of reversal, so the correction remains the most likely option. ⬇️

🔹 In the medium term, there is balance between buyers and sellers, with decreasing volume.

🔹 Possible sideways movement in the range of $3 - $3.20 during the next week. ↔️

🔹 Current price: $3.1947 💰

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