$XRP

$XRP market commentator Xoom has issued a straightforward warning to investors: “If you’re holding spot positions, the only thing that matters is whether XRP maintains its weekly support level. Everything else is noise.”

At the time of writing, XRP trades around $3.02, with intraday swings between $2.97 and $3.10. After spiking to nearly $3.30 in mid-August, the asset has cooled off and is now consolidating near the $3.00 mark, a zone seen as pivotal for its next move.

✹ Defining the Weekly Support Zone

Analysts point to the $3.00–$3.20 range as XRP’s crucial support band.

CoinDesk data highlights $3.20–$3.22 as reinforced by high trading volume.

Traders emphasize $3.00 as the psychological anchor that must hold.

For spot holders—those not exposed to leverage—weekly closes within this zone are viewed as the true signal of whether XRP’s bullish structure remains intact.

✹ Why Weekly Structure Matters

Spot investors aren’t vulnerable to liquidations from short-term volatility. Instead, their risk lies in a sustained breakdown on higher timeframes.

A weekly close above support keeps the bullish outlook alive.

A weekly close below could open the door to a deeper correction.

Short-term charts may flash mixed signals, but the weekly candle carries the real weight for long-term holders.

✹ Outlook for XRP

If XRP continues to defend the $3.00–$3.20 zone, analysts believe the asset maintains a clear runway for future upside. Volatility within the day is unlikely to disrupt the larger bullish picture.

But if bears push a decisive weekly close below support, momentum could flip, raising the risk of a larger correction.

For now, Xoom’s message to spot holders is simple:

👉 Ignore the noise. Watch the weekly chart.

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