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#Write2Earn XRP Approaches $3.31 Resistance Following 3.3% Gain, Volume Builds Near Support. XRP is also in the process of testing an important resistance threshold, having surged by 3.3% over the last 24 hours. Currently, the asset is being traded at the price of $3.30, which is close to the long-term resistance area of 3.31. The trend is steady, each week displaying a modest rise in price. Historically, similar setups appeared during XRP’s late-2017 rally, though the current pace remains more gradual. Analysts tracking the XRP/USD pair on the 3-day chart note that price action appears more controlled and organic compared to past moves. Despite the slower formation, the structure aligns with previous major surges. XRP Trades in Tight Range as Buying Volume Builds Near Resistance The trading range for XRP remains tight, with a 24-hour low at $3.17 and a high reaching $3.30. This positions the asset just below the $3.31 resistance. The lower boundary of support is found at $3.16, offering a stable base from recent market activity. Notably, these levels reflect XRP’s extended consolidation zone between historical levels of $0.0638 and $3.2913, spanning multiple years. Price has respected both horizontal bands, with long-term buyers entering near the support and sellers active at the resistance. However, as price approaches $3.31, buying volume has started to increase incrementally. The setup continues to show similarities to the late 2017 phase, though without the same volatility spikes. XRP Holds Above Midpoint Support Amid Repeated Resistance Tests Past price reactions to these levels provide relevant historical context. XRP’s 2017 breakout occurred after multiple failed attempts at $0.63, eventually leading to a rapid surge past $3.00. The current pattern also reflects earlier periods of accumulation before upward expansion. However, the pace of movement is slower, and the structure appears more developed.#CPIWatch #DeFiGetsGraded #CryptoIn401k #ETH5kNext? $XRP
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#Write2Earn Cardano Rises in Grayscale Rankings as SEC Decision on ETF Nears. Cardano secured a stronger market standing this week, moving to third place in Grayscale’s latest “Top 10 Crypto Assets by Weekly Returns” update. The cryptocurrency recorded a 6.3% gain between July 31 and August 7, 2025. This marks a notable improvement from the previous week, when ADA’s performance placed it near the bottom of the rankings. XRP led the list with a 9.7% gain, while Stellar followed with slightly lower growth. Dogecoin, Ethereum, Tron, and Solana also posted weekly gains ranging from 4.2 to 6.1%. Bitcoin ranked lower with a modest 1.5 percent rise, and BNB, along with Hyperliquid, completed the top performers’ list. Midnight Protocol Drives Attention Cardano’s momentum coincided with the recent launch of Midnight, a privacy-focused protocol built on its network. The development has drawn increased community interest and sparked discussions on its potential use cases. The project’s progress is seen as a contributing factor to ADA’s recent performance improvement. Investor focus has turned toward the U.S. Securities and Exchange Commission’s upcoming decision on Grayscale’s application for an ADA exchange-traded fund. Market analysts suggest a verdict could be issued before the end of August. Data from Polymarket shows a 75% probability of approval, although the SEC retains the option to delay its response until late October.#ETH5kNext? #CPIWatch #DeFiGetsGraded #CryptoIn401k $ADA
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