XRP at $3.11: Ready to Rocket or Facing a Dip? August 16, 2025 Update"

Current Price: XRP is at $3.11, down a bit due to market ups and downs.

Support Level: Price holds strong between $3.08-$3.10, a key area to avoid a bigger drop.

Resistance Level: Faces a barrier at $3.33-$3.46; breaking it could push XRP to $3.75-$3.80.

Technical Signs: Chart patterns and indicators hint at a possible price jump soon.

Risk of Drop: Weakening signals suggest XRP could fall to $2.90-$2.75 if support breaks.

Market Mood: Big investors and Ripple’s growing use in payments keep hope alive, despite some selling.

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