⚠️ $XRP on the Edge: Hold or Break?

XRP is trading at $2.91 (−3.19%), sitting just above its 24h low of $2.9115. The market is tense, and the next move could define the short-term trend.

📉 Bearish View:

If $2.91 breaks, XRP could slide toward $2.80–$2.75, with extended downside risk to $2.60 or even $2.24 if momentum accelerates.

Whale activity shows aggressive sell-side flows, and RSI has dropped to 45, signaling weakening bullish strength.

A breakdown below the ascending channel and failure to reclaim $3.00 would confirm bearish continuation.

📈 Bullish View:

A bounce above $3.00 could push XRP toward $3.10–$3.20, with potential upside to $3.34–$3.60 if resistance breaks.

XRP is holding above the $3 psychological level, supported by a golden cross and ETF optimism.

Legal clarity from the Ripple–SEC case and ETF filings are fueling institutional interest and bullish sentiment.

🧠 Sentiment & Outlook:

Consolidation is likely between $2.90–$3.36 for the rest of August.

ETF speculation, legal clarity, and macro events like FOMC minutes or UK CPI could trigger volatility.

Traders should watch for volume confirmation, RSI recovery, and breakout candles above $3.10.

XRP is sitting on a razor’s edge.

A hold above $2.91 keeps bulls in control.

A break below could invite bears to drag it lower.

Stay nimble, stay informed — the next candle could set the tone for the rest of Q3.