$XRP USDT is trading around $3.12 as of August 17, 2025. The pair is encountering resistance near $3.15–$3.20, following the recent local high of $3.32 (Aug 12) and the all-time high of $3.84. Current support is holding at $3.10–$3.12.
Fibonacci Context: While no formal retracements are drawn, psychological levels suggest a potential retracement zone between $2.90–$3.00 (≈0.382–0.5 area). Sustaining price action above $3.12 could fuel further upside; however, losing this level risks a dip toward that lower range.
RSI: Sitting near 50–51, reflecting a neutral stance neither overbought nor oversold.
Potential Entry Levels:
Conservative: Around $3.10–$3.12 at current support.
Aggressive: If price pulls back toward $2.90–$3.00.
Take-Profit Targets:
TP1: $3.20–$3.25 clearing immediate resistance could extend momentum here.
TP2: $3.50–$4.00 broader bullish range if buying pressure strengthens.
Stop-Loss Options:
Conservative: Just under support at $3.08–$3.10.
Tight: Slightly below the recent swing low near $3.05.