💠 XRP consolidates around $3.01 — preparing for a breakout.
🔹 XRP holds above $3.01 in a narrow wedge:
Resistance — $3.20
Support — $2.85
🔹 Scenarios:
Break above $3.20 → potential rise to $3.45–$3.70
Loss of $2.85 → drop to $2.70–$2.55
📊 EMA 20 ($2.98) supports the price, while 50/100 EMA ($3.01–$3.02) create resistance. RSI ≈ 55 — buyers have the advantage, but the market is cautious.
💵 Capital flows: On August 27, XRP recorded an inflow of $4 million after summer outflows, which may signal accumulation.
🌍 Risk factor: The US dollar, Fed expectations, and regulatory news continue to influence sentiment.
👉 Key zone for a breakout — $3.20. Breaking through it could trigger a September rally.