🚨 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 💰