Analysis of XRP on August 15
XRP experienced a significant decline earlier, which temporarily suppressed market sentiment. However, this dip did not break through the structural support and instead stabilized above 3.10, completing a thorough washout. Recently, the bulls have been making continuous efforts, first breaking the key level of 3.25, then breaking the 3.28 resistance line on the hourly chart, completely flipping the trend signal to bullish. As long as 3.10 holds steady, the target for this rebound is aimed directly at 3.40
