$XRP is currently trading at $3.3386, reflecting strong momentum in the market. In spot trading, you directly buy and sell the asset at its current market price, taking full ownership without leverage. This makes it ideal for long-term holding or short-term trading based on market conditions. Spot trades are straightforward you profit if the price rises after your purchase and face losses if it falls.

For XRP, the resistance is around $3.50, where selling pressure may increase, and the support is near $3.20, where buying interest might emerge. A stop loss at $3.15 can help manage risk if the market moves against your position.

Given XRP’s role in cross-border payments and its active community, traders are watching closely for breakout moves. A strong close above resistance could open the door for further gains, while a drop below support may signal short-term weakness.