Today's Analytical Overview (August 11, 2025) on XRP
General Market Trend: Today
Short-term trend: The trend appears to be neutral to bullish. The price is currently around $3.25 and is seeing strong support above the $3.09 area after a positive change in the indicator.
Nearby Resistance: The first resistance levels are located at $3.31–$3.34 (Fibonacci retracement levels), followed by $3.465 as an upper target.
Critical Support: The area between $3.09 (positive supertrend) and $3.196 (half Fibonacci retracement) is currently the most significant demand level.
Expected Scenarios
Bullish Scenario: Trading continues above $3.09$ , targeting resistance at $3.31–$3.34. If broken, the price may rise towards $3.465 or even $3.6656, the previous high.
Bearish Scenario: If the price fails to maintain above $3.09, it may decline towards the second level of support, or a breakout could open the door to lower levels (undefined today).
Recommendation Summary
Attractive Buy Zone: Between $3.09$ and $3.20, provided retracement signals appear (such as reversal candles or increased volume).
Potential Sell or Profit-Taking Zone: Starting from $3.31–$3.34, with a reassessment recommended upon reaching $3.465.
Continue monitoring for breaks or reversals of these price levels to confirm the upcoming trend.